Tariffs Are Sales Taxes Beneficial to the Targeted Party – The GITFiC
Tariffs are primarily sales taxes, mainly beneficial to the targeted country rather than the imposing country.
President Donald Trump
Amazon Offers Last-Minute Bid for TikTok Right Before Deadline
Amazon has reportedly made a last-minute bid to acquire TikTok as the popular video-sharing app nears the U.S. government’s Saturday deadline to separate from Chinese ownership or face a ban
According To Trump, The Department Of Education Should Be Abolished. This Is How Pupils Might Be Affected
Trump has nominated Linda McMahon as secretary of education, charging her with scaling back the department, which oversees federal education policies, promotes student achievement and ensures equal access to education.
Trump And Musk Take Action To Close USAID
Musk, Trump, and some Republican lawmakers have increasingly targeted the U.S. aid and development agency, which oversees humanitarian, development, and security programmes in over 120 countries.
Trump’s Proposal To Relocate Palestinians Is Met With Protests By Thousands Of Egyptians.
Protesters waved Egyptian and Palestinian flags and said they were in favour of an independent Palestinian state.
Trump’s Tariffs On Canada And Mexico May Affect Everything From Avocados To Cars
The tariffs would also invite retaliation. Doug Ford, the premier of Ontario, has already vowed to counterpunch by pulling American alcohol off store shelves in the Canadian province – no idle threat; Canada is the world’s No. 2 market for America’s distilled spirits (behind the 27-nation European Union).
While US Slept Today, Markets In Asia And Europe Gained As The Dollar Strengthened
In economic data, U.S. jobless claims fell to 207,000, beating estimates, while economic growth slowed to 2.3% in Q4, down from 3.1% and below expectations of 2.6%. President Trump confirmed 25% tariffs on Canadian and Mexican imports starting February 1.
DeepSeek AI: Why US and Australia call it a security risk
DeepSeek, a chatbot developed by a Hangzhou-based startup, has rapidly emerged as a formidable competitor in the AI industry, long dominated by Western tech giants
As ICE Increases Enforcement, 258 Ghanaians Were Deported From The US Over A Four-Year Period.
The annual breakdown of deportations shows 56 Ghanaians were removed in 2021, 46 in 2022, 62 in 2023, and 94 in 2024. Comparatively, 417 Nigerian nationals were deported over the same four-year period, while 206,943 Mexicans were removed overall during that time.