Temu steers users to 'local' products after Trump shuts tax loophole

Temu has onboarded more sellers with U.S. inventory in recent years as lawmakers have zeroed in on the de minimis exemption.

CNBC - 4h

Trump’s crackdown on trade loophole to hit Shein and Temu — and help Amazon

Scrapping of ‘de minimis’ rules could slow deliveries and raise costs for Chinese groups, say analysts

Financial Times - 1d

What is USAID, the foreign assistance agency Trump wants to shut down?

NBC News' Valerie Castro explains the work of the U.S. Agency for International Development and the impact it will have if President Trump succeeds in closing it.

NBC News - 2d

Temu parent PDD's stock tumbles as Trump tariffs close trade loophole

PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.

CNBC - 2d

Trump’s tariffs could hurt Temu and Shein. Here’s which stocks stand to gain.

Amazon and Etsy could benefit from an end to the “de minimis’ exep that lets companies directly ship packages worth under $800 without paying duties.

MarketWatch - 2d

Musk: Trump 'agreed' USAID should be shut down

Tech billionaire Elon Musk said early Monday that President Trump has “agreed” to shut down the U.S. Agency for International Development (USAID), which administers billions of dollars of ...

The Hill - 2d

Elon Musk says he and Trump are shutting down USAID

Tech billionaire Elon Musk said Monday that he and President Donald Trump were in the process of shutting down the USAID, escalating their war on the federal bureaucracy.

NBC News - 2d

Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein

President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including Temu and Shein.

NBC News - 2d

Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein

President Donald Trump's tariffs against China, Canada and Mexico target a trade provision that helped spur the rise of low-cost retailers, including Temu and Shein.

CNBC - 3d

Trump’s aid freeze shuts down ‘gold standard’ famine-monitoring system

Without Fews Net, recognised as ‘a vital life-saving tool’ for preventing food crises, people will die, experts warn. The system for monitoring global food crises appears to have been suspended ...

The Guardian - 5d

With Sweeping Executive Orders, Trump Tests Local Control of Schools

The orders seek to encourage “patriotic education” and restrict discussions about racism and gender by threatening to withdraw federal funding. But schools are often resistant to change.

The New York Times - 6d

Dems launch group to hit Trump on tax cuts

Organizers say the nonprofit will be backed by an eight-figure funding campaign.

Politico - 6d

DOJ's LGBTQ employee group shuts down after three decades

The board of DOJ Pride, founded in 1994, told members that the decision was made “in the interest and for the protection of all members.”

NBC News - Jan. 29

The kindness of strangers: after a nasty bike accident in Turkey, a local dropped everything to care for me

I had no travel insurance and couldn’t walk. I was entirely dependent on him, but he never once made it awkward. Read more in the kindness of strangers series I was cycling in rural Turkey – I ...

The Guardian - Jan. 29

Trump needs to transform FEMA, not shut it down

Rather than dismantling FEMA, we need to reimagine it as an elite federal agency capable of managing the increasingly complex and severe disasters of a polycrisis age.

The Hill - Jan. 28

Censorship: Some U.S. Users Report Difference in TikTok After Revival

Users say TikTok was not restored in totality after the ban.

Inc. - Jan. 25

'Good luck with that': Democrats dubious of working with Trump on taxes

Democrats are sounding highly dubious about working with Republicans on tax reform after President Trump said Thursday he’s interested in a bipartisan approach to one of the top Republican ...

The Hill - Jan. 24

Trump’s latest border actions are ‘shutting down the asylum system as we know it’

A federal judge temporarily blocked the Trump administration’s move to end birthright citizenship. NBC News Homeland Security Correspondent Julia Ainsley, NBC News Senior White House Correspondent ...

NBC News - Jan. 23

Meta denies forcing users to follow Trump accounts

The Facebook and Instagram owner says the official profiles were updated to reflect the new position holders.

BBC News - Jan. 23

Meta says it didn't force users to follow Trump on Facebook and Instagram

The company also said it was working to resolve an issue where some words, including "Democrats" and "Republican," were blocked from Instagram search.

CBS News - Jan. 22

Why some Instagram users are suddenly following Trump, Vance

Meta on Wednesday pushed back against claims its platforms were automatically forcing users to follow the Instagram accounts of President Trump and Vice President Vance following Inauguration Day. ...

The Hill - Jan. 22

Reddit Users Are Not Linking to X.com After Elon Musk’s Apparent Fascist Salute

Another potential rebellion is brewing at Reddit after Trump’s tech bro in chief’s antics at Monday’s inauguration.

Inc. - Jan. 22

Trump’s assault on the global corporate tax regime

President threatens retaliation against ‘discriminatory’ levies on US multinationals

Financial Times - Jan. 22

Mexico Rushes to Help Stranded Migrants After Trump Shuts Down the CBP One App

The Mexico Embraces You program provides 2,000 pesos for deported migrants who cannot afford to return home.

Wired - Jan. 22

Why Trump Sees a Chinese Threat at the Panama Canal, and Locals Don't

The new administration sees Chinese-owned infrastructure as leverage over the waterway. Panama and some former U.S. military officials say concerns are overblown.

The Wall Street Journal - Jan. 20

Trump officials shut down CBP One app

Trump administration officials minutes after the new president took office on Monday shut down a mobile app for migrants to make appointments at the U.S.-Mexico border. By shutting down the CBP One ...

The Hill - Jan. 20

TikTok thanks Trump after it begins restoring service to US users

A ban in the United States initially began to take effect earlier Sunday.

ABC News - Jan. 20

TikTok Restoring Service for U.S. Users, After Trump Signals He Will Save It

The president-elect said he will issue an executive order, and the app said it will work on a long-term solution with the incoming administration.

The Wall Street Journal - Jan. 20

TikTok returns service to U.S. users, thanking Trump

TikTok said Sunday that it would be restoring service to U.S. users after blocking it the evening before.

NBC News - Jan. 19

What happens to TikTok and its users after ban starts Sunday?

Unless something changes at the eleventh hour, the ban appears set to take effect on Jan. 19.

The Hill - Jan. 18

What Did Trump’s Tax Cuts Do?

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

The New York Times - Jan. 17

UK backs local inquiries into child sexual abuse gangs after Musk stoked controversy

The British government says it will support a series of local inquiries into organized child sexual abuse in the wake of a furor largely stoked by the world’s richest man Elon Musk

ABC News - Jan. 16

Trump’s return raises prospect of global tax war

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

Financial Times - Jan. 12

Trump's tax-cut obstacle course

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...

The Hill - Jan. 10

Everton hopeful of swift David Moyes appointment after productive talks

Former manager to return with two-and-a-half year deal Owners hope Moyes can steer team away from relegation Everton are hopeful of appointing David Moyes as Sean Dyche’s replacement after a day ...

The Guardian - Jan. 10

Andy Harris steers hard-line Freedom Caucus into the Trump era

House Freedom Caucus Chair Andy Harris (R-Md.) has taken the famously confrontational group in a slightly more agreeable direction as it prepares for a Trump-controlled Washington, where the goal ...

The Hill - Jan. 9

Mexico president addresses fentanyl production after Trump's tariff threat

President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.

CBS News - Jan. 8

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