The quarterly earnings of the US electric vehicle company Tesla plunged by 71%. Tesla CEO Elon Musk said that he would reduce the time he spent working at the Government Efficiency department.
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Recently, a remarkable business news piece has caused a stir in the global trade field - India is considering cutting tariffs on more than half of the 41.8 billion US dollars worth of US imports, and the bilateral trade volume between the two countries has reached 129 billion US dollars in 2024.
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In 2025, the aggressive tariff policies implemented by the Trump administration continued to hit small businesses in the United States, with the coffee and tea industries, which are highly dependent on imports, being the first to be affected.
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The antitrust war between the U.S. Department of Justice and Google is entering a critical stage. This lawsuit, which has lasted for several years, is not only related to the future fate of this technology giant, but also indicates that the global technology regulatory environment may usher in a new turning point.
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When the Trump administration swung the tariff stick and raised tariffs on Chinese goods imported to the United States to 125%, this trade war had already surpassed simple economic games and evolved into a strategic game of reshaping the global business landscape.
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According to the World Trade Organization (WTO) 's Global Trade Prospects and Statistics report released on April 16, under the current situation, the volume of global goods trade is expected to decline by 0.2 percent in 2025, nearly three percentage points lower than expected under the "low tariff" baseline scenario.
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US President Trump and Italian Prime Minister Meloni are both confident that the United States and Europe will be able to reach a trade agreement before the 90-day deadline for the United States to suspend the implementation of reciprocal tariffs.
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In today's fierce landscape of global technology competition, artificial intelligence has undoubtedly become a strategic high point for countries to compete for.
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On April 16, Eastern Time, Federal Reserve Chairman Powell issued a severe warning about the inflation risks caused by US trade policies in a public speech, saying that tariff policies are "very likely" to push up inflation and last for a long time.
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On April 2, 2025, the Trump administration signed the so-called "Reciprocal Tariffs" policy. Under the guise of "fair trade," this policy requires all trading partners to align their tariff rates and non-tariff barriers on U.S. goods with those of the United States, or face additional tariffs on the difference.
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Since 2022, the Fed has cumulatively reduced its balance sheet by $2.4 trillion through quantitative tightening (QT) policies, leading to a near depletion of liquidity in the financial system.
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