Trade

Elon Musk’s Brother Urges Trump to Fire Top Trade Advisor as Tariff Feud Escalates

Elon Musk's younger brother Kimbal has called on President Donald Trump to fire his senior trade advisor Peter Navarro amid an escalating feud. Navarro is one of Trump's strongest backers on tariffs. However, a rift has widened between Musk and Navarro over trade policy. The feud escalated when Navarro attacked…

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Taiwan Pledges to Invest More Money in America Following Trump’s Tariff Threats

President Donald Trump has declared that "the days of America being taken advantage of" are now "gone" as his economic agenda continues to rack up wins. Trump made the declaration in a memorandum threatening tariffs against nations that seek to take more than they give from their relationship with America.…

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Russia Legalizes Bitcoin Payments for International Trade to Counter Sanctions

The Russian government has just taken a significant step in bypassing global sanctions by passing new laws to allow businesses to use Bitcoin for international trade payments. Russian lawmakers passed a bill on Tuesday that will allow businesses to use cryptocurrencies in international trade. The move is part of Russia's…

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Communist China Boasts of Deepening Ties with Russia, Blasts US Trade Policy

The Chinese Communist Party's top diplomat has boasted of China's deepening ties with Russia as two of America's greatest adversaries continue to build their alliance. During a Thursday press briefing, China's Foreign Minister Wang Yi blasted the "unfathomable absurdities" and "bewildering" trade policy from the United States. He made the…

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Mexico Overtakes China as America’s New Manufacturing Base

As U.S. relations with China have fractured over the years, Mexico has emerged as the new manufacturing base for America. Doing business overseas has become increasingly more expensive. Due to the rising costs, experts believe that Mexico has now overtaken China to become the top manufacturer for American companies. At…

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Russia Edges Closer to Using Bitcoin for International Trade

The Russian government has drafted new legislation that edges the embattled nation one step closer to accepting Bitcoin and other cryptocurrencies for international trade. According to a report from Russian news outlet Tass, Russia's Ministry of Finance and its central bank have agreed on a draft bill allowing crypto payments…

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