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News & Articles By Cassie B.
05/14/2025
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By Cassie B.
American manufacturing surges as Carrier pledges $1 billion investment, joining Apple and Toyota in reshoring wave
Carrier Global Corporation announces a $1 billion investment in U.S. manufacturing, creating 4,000 high-skilled jobs and expanding facilities for heat pumps, battery systems, and data center cooling. The investment includes Carrier’s TechVantage initiative, which will hire 1,000 service technicians and train over 100,000 professionals in climate solutions over five years. President Trump’s economic policies have […]
05/12/2025
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By Cassie B.
U.S. and China agree to slash tariffs in 90-day trade war truce
The U.S. and China agreed to a 90-day reduction in reciprocal tariffs, easing economic tensions and sparking a global stock rally. U.S. tariffs on Chinese imports will drop from 145% to 30%, while China lowers duties on American goods from 125% to 10%. President Trump called the deal a “total reset,” though key issues like […]
05/12/2025
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By Cassie B.
Trump executive order targeting Big Pharma aims to slash drug prices by up to 80%
President Trump announced a major executive order to slash U.S. prescription drug prices by 30% to 80%, calling it one of his administration’s most significant actions. The “most favored nation” policy will force drugmakers to charge Americans the same low prices they offer abroad, ending decades of inflated costs. Trump criticized Big Pharma for exploiting […]
05/09/2025
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By Cassie B.
Trump and UK strike historic trade deal, setting stage for global tariff negotiations
President Trump and UK Prime Minister Keir Starmer announced a major trade deal on Victory Day’s 80th anniversary, marking the first breakthrough since U.S. tariffs were imposed in April. The agreement grants U.S. farmers and manufacturers expanded UK market access, including $5 billion in new export opportunities, while maintaining a 10% baseline tariff on British […]
05/09/2025
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By Cassie B.
Trump proposes cutting China tariff to 80% ahead of high-stakes trade talks
Trump proposes an 80% tariff on Chinese goods, reversing earlier reports of a cut to 50-54%, escalating trade tensions ahead of critical negotiations. Markets briefly plunged before stabilizing as investors reacted to Trump’s surprise announcement, signaling uncertainty over trade war de-escalation. U.S. businesses face severe financial strain, with tariffs inflating costs and disrupting supply chains, […]
05/09/2025
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By Cassie B.
EU takes Trump to WTO over tariffs, targets U.S. goods with €95 billion countermeasures
The EU is challenging U.S. tariffs at the WTO, accusing the U.S. of violating trade rules and preparing €95 billion in retaliatory measures. The U.S. has imposed a 25% tariff on foreign vehicles, harming European automakers, while Trump threatens a 20% tariff on all EU imports. The EU’s countermeasures target key U.S. industries, including spirits, […]
05/06/2025
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By Cassie B.
UK and India seal major trade deal after three years of negotiations as Trump tariffs reshape global commerce
The UK and India finalized a historic trade deal after three years, cutting tariffs on whiskey, cars, and consumer goods. British whiskey tariffs in India will drop from 150% to 40% over a decade, while UK car tariffs fall to 10%. India gains tariff-free access for 90% of its exports, including textiles and food, boosting […]
05/03/2025
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By Cassie B.
Japan hints at using U.S. Treasury holdings as leverage in high-stakes trade talks with Trump
Japan’s finance minister acknowledged that its $1.13 trillion in U.S. Treasury bonds could be used as leverage in trade talks with the Trump administration. The comments mark a shift from Japan’s previous stance, as frustration grows over U.S. tariffs on key exports like autos and steel. Japan’s top trade negotiator held tense talks in Washington, […]
05/02/2025
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By Cassie B.
Walmart pledges $350B to American-made goods in push to reshore supply chains
Walmart commits $350 billion over 10 years to source American-made products, aiming to strengthen domestic supply chains and create 750,000 jobs. The “Grow with US” program provides small businesses with training, mentorship, and financial tools to scale and sell through Walmart’s supply chain. Walmart’s annual Open Call event allows small businesses to pitch directly to […]
05/02/2025
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By Cassie B.
Amazon’s $4 billion rural expansion aims to cut delivery times and add 100,000 jobs as UPS scales back
Amazon is investing $4 billion to expand its rural delivery network, aiming to triple coverage and create over 100,000 jobs by 2026. The expansion includes 200+ new delivery stations, cutting shipping times in half for 13,000 ZIP codes while competitors like UPS retreat from rural areas. Amazon’s DSP and Flex programs will drive job growth, […]
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