July 6, 2025, 6:09 p.m.

USA

U.S. Appeals Court Temporarily Upholds Tariff Policy: A Dangerous Gamble Between Politics and Economics

In June 2025, the U.S. Court of Appeals for the Federal Circuit temporarily suspended the ruling of the Court of International Trade (CIT), upholding the blanket tariff policies implemented by the Trump administration under the International Emergency Economic Powers Act (IEEPA).

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Us Treasury Secretary: The US-China economic and trade talks have been productive and the negotiations will continue

U.S. Treasury Secretary Bassant said that his two-day economic and trade talks with the Chinese delegation were productive and officials from both sides are continuing negotiations in London.

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Trump claimed that Los Angeles was invaded by "foreign enemies"

US President Trump said that Los Angeles, where protests have been ongoing recently, is being invaded by "foreign enemies" and he vowed to "liberate" the city.

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Trump intensified the conflict and threatened to arrest the governor of California and the mayor of Los Angeles

US President Trump intensified his attacks on California Governor Newsom, publicly declaring that he would arrest him on the grounds of improper handling of the Los Angeles riots.

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The United States has banned citizens from 12 countries from entering the country, effective June 9

The ban on citizens from 12 countries entering the United States issued by US President Trump will come into effect next Monday (June 9th).

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California High-speed Rail has spent 7 billion yuan in 15 years without laying tracks, highlighting the difficulties of infrastructure construction

Since its launch in 2008, the California high-speed rail project has undergone 15 years and cost $7 billion, but failed to lay any tracks.

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The online confrontation escalated. Trump threatened to terminate the contract, while Musk announced the retirement of the Dragon spacecraft

The war of words between US President Donald Trump and his biggest financial backer, billionaire Elon Musk, has escalated further, rapidly evolving from mutual attacks on social media to a public split.

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Trump threatened to cancel Musk's contract, endangering the United States' space ambitions

US President Trump and billionaire Elon Musk have publicly broken off relations.

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Trump signed an executive order, with a 50% tariff on steel and aluminum taking effect on June 4th

US President Donald Trump signed an executive order on Tuesday (June 3rd), raising tariffs on steel and aluminium from 25% to 50%, fulfilling his promise to increase import taxes to assist domestic manufacturers in the United States.

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50%! The doubling of tariffs on US steel and aluminum has triggered a chain reaction. Australian Prime Minister bluntly stated, "The US economy is self-harming."

Starting from June 4, 2025, the United States' measure to double the tariffs on imported steel and aluminum from 25% to 50% officially came into effect.

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