The Hong Kong government has hit out at US senators who have introduced a bill that could lead to sanctions on judges and prosecutors from the city, calling any attempt to interfere with the judicial system “reprehensible”. Authorities voiced their criticism on Saturday as Beijing’s top envoy in the city also said the rise of…
The rise of unilateralism and protectionism poses “a certain amount of challenges” to Hong Kong’s development, Beijing’s top envoy in the city has said, while urging youngsters to embrace patriotism. Cui Jianchun, the commissioner of the Chinese foreign ministry’s office in Hong Kong, said on Saturday that some “large countries” were obsessed with putting themselves…
“Walmart CEO warns prices will rise due to Trump tariffs ” – CBS News Watch CBS News The world’s largest retailer says new import tariffs will force price hikes, raising concerns about inflation and how it could affect American shoppers. Jo Ling Kent reports. Be the first to know Get browser notifications for breaking news,…
President Trump on Friday said his administration will send letters that inform other nations of the tariff rates the U.S. will impose on imports, adding that “it’s not possible to meet the number of people that want to see us.” “[W]e have, at the same time, 150 countries that want to make a deal, but…
Business owner says he’s just trying to stay afloat amid tariff chaos – CBS News Watch CBS News A small business owner is fighting to stay afloat amid the tariff chaos. Carter Evans reports. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source…
Los Angeles — Business owner Bobby Djavaheri has imported items stockpiled inside his Los Angeles warehouse in anticipation of sky-high tariffs he fears could ultimately destroy his livelihood. “I’m finding myself in a position where I feel like my government’s not supporting me and supporting my cause,” Djavaheri told CBS News. “And it’s a very…
Walmart plans to raise prices as tariff uncertainty looms over upcoming holidays – CBS News Watch CBS News Walmart warned that even softer tariffs on China could soon force the company to raise prices on certain items. Jo Ling Kent reports. Be the first to know Get browser notifications for breaking news, live events, and…
New data on inflation, price changes New data shows slowed inflation, some higher prices after tariffs 02:45 Walmart on Thursday warned that even softer tariffs on China could soon force the company to raise prices. The world’s largest retailer said President Trump’s wide-ranging levies on U.S. trade partners are impeding its ability to keep prices…
Attorney General Pam Bondi sold at least $1 million worth of shares in the company that owns Truth Social on the same day that President Trump announced his sweeping tariff measures, a government ethics transaction report shows. Bondi’s stake in the company, Trump Media, was worth somewhere between $1 million and $5.5 million at the…
A tariff truce between the U.S. and China announced on Monday will offer companies some relief, but also prolong the kind of economic uncertainty that makes it hard for businesses to plan for the future. Beginning May 14, the U.S. will lower its maximum tariff rate on Chinese imports from 145% to 30%, including a 10% baseline…