Politics articles

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Best Buy and Target brace for price hikes as Trump's tariffs take effect

Trump administration enacts 25 percent tariffs on Mexico and Canada, increases anti-China tariffs to 20 percent
The big picture: President Trump's long-feared tariffs on Mexican, Canadian, and Chinese imports have finally arrived. As retaliatory tariffs from the affected countries launch a trade war that could severely slow the global economy, retail executives warn consumers to expect price hikes.
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Trump's anti-China tariffs go live, could drive up consumer electronics prices

Tariffs on Chinese goods are lower than initially feared, for now
The big picture: President Trump's long-discussed tariffs have taken effect. While the initial duties are not as severe as anticipated, they remain far-reaching. China has already responded in kind, and the resulting trade war is expected to impact a wide range of electronics and other products, pushing prices into uncharted territory.
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Downloading DeepSeek could lead to jail time and a $1 million fine under new US bill

DeepSeek remains at the top of Apple's App Store
WTF?! Would you be willing to use the App Store-topping DeepSeek if doing so were illegal, potentially landing you behind bars for 20 years and a fine up to $1 million? A senator has introduced a new bill designed to restrict Chinese AI products that would make this bizarre scenario a reality.
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TikTok restores US services after Trump vows to save it from ban

TikTok blocked access for US users on Saturday
What just happened? It's been an eventful weekend for TikTok. US users found they were unable to access the app on Saturday, the day before the law banning it in the United States came into effect. But services were being restored on Sunday when President Donald Trump said he would sign an executive order to delay the ban, giving TikTok more time to reach a deal that will allow it to stay in the US.
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Meta could make billions from TikTok ban, but the app's future remains uncertain

In brief: News that TikTok could escape the US ban that will be introduced on Sunday has brought joy to the millions of people who use the app in the US. But it's unlikely that rival platforms, especially Meta, will be celebrating. It's estimated that Mark Zuckerberg's firm would bring in up to $3.38 billion from freed up ad revenue should TikTok disappear from app stores.