Authorities are preparing charges including attempted murder, terrorism, and aggravated arson, with federal charges also under consideration. The attack appears targeted, but the motive remains unclear.
U.S. exemptions on tech products like smartphones and semiconductors benefit companies like Apple but leave a 20% tariff on all Chinese imports intact.
Governor Stein criticizes the decision, calling for federal support to meet the immense recovery needs, including clearing debris and rebuilding homes.
Summers warns that IRS workforce cuts, part of DOGE reforms, may result in greater revenue losses than savings.
U.S. Attorney Alina Habba, a Trump ally, announced the probe, citing concerns over state policies that critics argue undermine federal authority and public safety.
Economic and military tensions grow, with Beijing facing slow growth, high unemployment, and limited domestic consumption, while the U.S. strengthens its Pacific presence.
China’s share of U.S. exports has dropped significantly, while Trump’s hardline policies aim to reduce reliance on Chinese supply chains and protect American industries.
Bond yields spiked sharply this week, marking their worst performance since 1981, as tariffs and inflation concerns shook markets.