U.S. President Donald Trump has announced a sweeping plan to impose 30% tariffs on imports from the European Union and Mexico beginning August 1. The declaration, shared via official letters posted on Trump’s Truth Social platform, comes after prolonged trade negotiations with the two key partners failed to produce a satisfactory agreement. Both Mexico and the EU expressed frustration at …
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US Court Denies TikTok’s Bid to Block Pending Ban
A US appeals court has denied TikTok’s emergency request to temporarily block a law that mandates its Chinese parent company, ByteDance, to sell the app by January 19 or face a ban. On Monday, TikTok and ByteDance filed the emergency motion with the US Court of Appeals for the District of Columbia, seeking more time to present their case to …
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