Trump-Musk Feud Escalates Over Subsidies and Spending Bill
Tensions rise as Trump threatens Tesla subsidies while Musk criticizes the “big, beautiful bill,” sparking debates over economic policy and EV mandates.
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U.S. Senate Nears Crucial Vote on Trump’s $3 Trillion Spending Bill
U.S. senators debate Trump’s $3 trillion spending bill, facing divisions over tax cuts, military funding, and social program cuts ahead of midterms.
Canada Drops Digital Tax to Revive U.S. Trade Talks
Canada removes digital services tax to facilitate U.S. trade negotiations, aiming for a deal by July 2025 as leaders resume talks.
South Korea’s President Lee Unveils Key Cabinet Appointments
South Korean President Lee Jae-myung appoints six ministers and senior secretaries, shaping economic and social policies amid regional challenges.
China Boosts Flood Relief Funding for Guizhou with 200 Million Yuan Total
China doubles flood relief funding to 200 million yuan for Guizhou Province as torrential rains disrupt livelihoods and critical infrastructure in southwest China.
Czech Republic Aims to Boost Defense Spending to 5% of GDP: PM Fiala
Czech Prime Minister Petr Fiala announces plans to raise defense spending to 5% of GDP, pending NATO approval at this week’s summit amid rising security concerns.
U.S. Economic Targets on China Spark Debate Over Global Trade Realities
Analysts challenge U.S. claims linking China’s WTO entry to American job losses, highlighting automation and global economic shifts as key factors.
DPRK Convenes Key Party Meeting to Boost Economic Modernization
DPRK’s Workers’ Party holds key meeting to accelerate economic modernization, with leader Kim Jong Un presiding over policy reviews and future plans.
Vietnam Approves Major Provincial Merger to Streamline Governance
Vietnam’s National Assembly passes resolution to merge provinces, reducing administrative units from 63 to 34, aiming to cut costs and improve efficiency by 2026.
China’s Financial Strategy: Balancing Growth and Stability
China’s unique financial development model combines market innovation with socialist principles, offering lessons for global economic stability and growth.
China-U.S. London Talks: Navigating Economic Interdependence
China-U.S. economic talks in London highlight complex interdependence amid global supply chain challenges and growth uncertainties.
UK Economist Warns U.S. Tariff Shifts Threaten Global Markets
British economist John McLean warns U.S. tariff shifts are destabilizing global markets, urging pragmatic international cooperation to mitigate economic risks.
NATO Defense Budget Debate Reveals Deep Rifts Ahead of Summit
NATO defense ministers agree to boost military spending to 5% of GDP by 2032, but divisions over timelines and budget allocations threaten unity ahead of key summit.
China-U.S. Relations Stabilize Amid Persistent Structural Tensions
Recent high-level talks between China and the U.S. signal stabilization, but deep-rooted challenges persist in reshaping global dynamics.
Lee Jae-myung Wins South Korean Presidential Election: Media Reports
Lee Jae-myung secures victory in South Korea’s presidential race, focusing on economic reforms and regional diplomacy, according to local media reports.
EU Restricts Chinese Medical Device Procurement Amid Trade Tensions
The EU votes to restrict Chinese medical device suppliers from public contracts over €5M, escalating trade tensions as China advocates for open markets.
U.S.-China Trade Tensions: Analyzing Trump’s Rhetoric and Policy Shifts
Examining U.S. trade measures under Trump, their legal challenges, and impacts on global markets. Insights into China’s strategic responses and economic realities.
Trump Announces New Steel Tariffs as US Markets Post Strong Month
Former US President Trump unveils steep tariffs on steel imports, sparking concerns over global trade dynamics as US markets show resilience.
European Firms Navigate China Challenges While Strengthening Local Supply Chains
European firms report rising challenges in China but deepen supply chain investments, balancing market risks with manufacturing advantages amid policy reforms.
China Boosts Private Sector Innovation with New Collaboration Guidelines
China introduces new guidelines to enhance innovation collaboration between enterprises, fostering a synergistic ecosystem for economic growth.