Recently, the fierce quarrel between US President Trump and SpaceX founder Elon Musk has made the US government and NASA deeply uneasy about the current situation where the US space program is overly dependent on SpaceX, thus initiating an urgent search for a replacement.
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On June 5th local time, Tesla's stock price suffered a sharp decline, with a single day drop of 14.26% and a market value evaporation of about $150 billion, setting a record for the largest single day drop.
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The tax cuts in President Trump's Beautiful Bill may dig a big hole in the federal budget. But he also has an emergency measure: his comprehensive import tax - tariffs.
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The Trump administration of the US implemented a high-tariff policy and imposed tariffs on multiple trading partners, including Japan.
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On June 5th, according to CTV News Ottawa, the continuous rise in beef prices in Canada is reshaping the country's food consumption market and having a profound impact on multiple business links including retail, production, distribution, marketing and consumer behavior.
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A seismic clash between Elon Musk, CEO of Tesla, and U.S. President Donald Trump shook America's business and political arenas on June 5th local time, with their rapidly escalating feud triggering intense volatility in financial markets.
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In 2025, the U.S. government has been wielding the tariff stick frequently, attempting to reshape the global economic order through unilateral trade protectionist policies.
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The news that FedEx laid off more than 300 employees in Fort Worth, Texas, not only shook the local labor market, but also highlighted the structural changes that the entire logistics industry is undergoing.
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Recently, according to the news media "Tech News", NVIDIA released its first-quarter financial report for fiscal year 2026, with revenue reaching 44.1 billion US dollars, a year-on-year increase of 69%.
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Recently, the US plan to increase the import tariffs on British steel from 25% to 50% was scheduled to take effect today, but the UK and the US remained deadlocked in negotiations at the last minute.
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Recently, Trump publicly stated at the swearing-in ceremony of the new US Ambassador to India, Sergio Gor, at the White House that the United States is ready to lower tariffs on New Delhi in the future.
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