China has suspended exports of critical rare earth minerals and magnets, escalating its trade war with the United States in direct retaliation to President Donald Trump's newly implemented 145% tariffs on Chinese imports.
The Sundance Film Festival, one of the world’s most prominent independent film events, is relocating from Utah to Colorado in 2027, after securing $34 million in refundable tax credits over the next decade. The move is part of a broader state effort to attract high-profile cultural events using targeted economic incentives.
President Donald Trump’s bestselling book The Art of the Deal surged to the top ranks on Amazon’s bestseller list following his strategic pause on reciprocal tariffs against most nations and a tariff increase against China. The maneuver, widely viewed as a calculated economic play, caused markets to rally and drew fresh attention to Trump’s signature negotiation tactics outlined in the book.
Following President Donald Trump’s implementation of steep tariffs on Chinese imports, Amazon has reportedly begun canceling direct import orders for products manufactured in China and other Asian nations. The cancellations come in response to Trump’s April 2 tariff hike, which raised import duties on Chinese goods to 125%.
Jaguar Land Rover (JLR), the UK-based luxury car manufacturer owned by India's Tata Motors, has announced a temporary halt on shipments of its British-made vehicles to the United States.
California Governor Gavin Newsom (D) has called for the state to pursue "strategic" relationships with world leaders, urging them to make a retaliatory tariff exception for California exports.