Business

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%.

European Union Commission President Ursula von der Leyen announced that the bloc is "ready to negotiate with the United States."

​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.

President Donald Trump announced that Vietnam is seeking to drop tariffs on U.S. goods.

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.

China announced a 34% retaliatory tariff in response to President Donald Trump's sweeping tariff plan.

Ford Motor Company announced an initiative called "From America, For America," offering customers employee pricing until June 2.

Amazon has reportedly made a last-minute bid to purchase TikTok as the April deadline nears.

Tesla CEO Elon Musk has labeled the recent surge in attacks on Tesla vehicles, dealerships, and charging stations as "wide-scale domestic terrorism" and is urging authorities to pursue those orchestrating these violent acts.

Seattle's controversial payroll tax has failed to meet revenue expectations as major businesses continue to leave the city. Last week, Mayor Bruce Harrell announced that Seattle collected $47 million less in payroll taxes than projected in 2024. The city had anticipated over $400 million in revenue but brought in only $360 million, compounding an already staggering $260 million budget deficit.