Published: Thursday, May 21, 2026 | Breaking News The world’s two largest economies have stepped back from the edge of a full trade war. After three days of high-stakes talks at Beijing’s Great Hall of the People and the Zhongnanhai compound, United States President Donald Trump and Chinese President Xi Jinping emerged with what both … Read more
By Innovation Times Business DeskOctober 15, 2025 | New York As the holiday shopping season approaches, a new nationwide survey reveals that most U.S. consumers expect higher prices, slower spending, and a weaker economy heading into the final months of 2025. According to the University of Michigan’s Consumer Sentiment Index and supporting data from The … Read more
President Donald Trump announced a 100 percent tariff on all films produced outside the United States. The measure targets foreign films, including Hindi, French, and other international releases, and will make them significantly more expensive for U.S. audiences unless studios produce them entirely in the United States. Trump described the tariff as part of a … Read more
As the deadline for the US-China tariff truce approaches, global markets and policymakers increasingly focus on the future of trade relations between the world’s two largest economies. This critical outcome will directly influence economic strategies, supply chain stability, and diplomatic ties for years to come. Initially, the temporary agreement paused the escalating tariffs that had … Read more
Chinese exporters are accelerating shipments to the United States as Washington’s temporary tariff rollback nears expiration. July data from China’s General Administration of Customs shows a sharp rise in exports to the U.S., driven by companies racing to beat a potential tariff reinstatement expected later in 2025. Shipments of electronics, auto parts, and green tech … Read more
The Trump administration has raised U.S. tariffs to levels not seen since the Great Depression. As of August 2025, the average U.S. tariff rate has surpassed 15 percent, marking the highest point since the 1930s Smoot-Hawley Act. This move aims to counter foreign trade practices and protect American industries facing global pressure. The tariffs apply … Read more
In a landmark move likely to reshape global trade flows, the United States has imposed a sweeping 50% tariff on Indian imports, citing New Delhi’s deepening energy cooperation with Russia. The action, announced from Washington on August 6, directly targets over $22 billion worth of Indian exports, primarily in textiles, pharmaceuticals, agriculture, and gems. The … Read more
Apple has unveiled a $100 billion investment plan to expand its operations across the United States. The company aims to boost research and development, increase chip production, and train the next generation of American tech workers. This massive initiative comes amid rising calls for technological self-reliance and secure supply chains. Apple will focus on building … Read more
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) launched a sweeping expansion of sanctions in 2025, directly targeting global financial networks that fund terrorism, cybercrime, and geopolitical threats. The agency added over 300 individuals, entities, and digital assets across Asia, Europe, the Middle East, and Latin America. OFAC aims to disrupt money laundering pipelines, … Read more
BAGHDAD — The U.S. State Department has ordered the departure of embassy personnel family members and non-essential staff from its diplomatic missions in c. The decision, issued late Tuesday, comes amid mounting tensions in the region following stalled negotiations with Iran and increased security threats to American personnel. Security Precaution Amid Escalating Regional Risks Officials … Read more