How a U.S. Tax Loophole Supercharged China’s Exports
E-commerce trade in small parcels brought Chinese factories to American shoppers. Tariffs are severing the connection. Source: Original News
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TikTok Fined $600 Million for Sending European User Data to China
Irish investigators said TikTok did not protect the data of users in the European Union, improperly transferring some of it to China. TikTok said it would appeal. Source: Original News
Companies Are Raising Prices as Tariffs Hit
President Trump’s trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts. Source: Original News
Exxon and Chevron Report Lower Profits While Girding for Tariffs
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies. Source: Original News
The Dangers of A.I. Flattery + Kevin Meets the Orb + Group Chat Chat
“A.I.s are getting more persuasive and they are learning how to manipulate human behavior.” Source: Original News
In Alabama Commencement Speech, Trump Mixes In the Political
Between pieces of advice like “don’t try to be someone else,” the president attacked political foes and discussed everything from egg prices to transgender rights, often to cheers from the crowd. Source: Original News
Trump Says He Is Renaming Veterans Day as ‘Victory Day for World War I’
The president said he would also label May 8, known as V-E Day for Victory in Europe, as “Victory Day for World War II,” and vowed to celebrate America’s military wins. Source: Original News
Charles Koch Says Many in the Country Are ‘Abandoning’ Its Principles
In a rare appearance on Thursday to receive an award from the Cato Institute, Mr. Koch made oblique references to President Trump and his tariffs, without mentioning his name. Source: Original News
Attacks on Judges Undermine Democracy, Warns Ketanji Brown Jackson
Speaking to a judicial conference, the Supreme Court justice said attacks were designed to intimidate and influence. Source: Original News
U.S. Payoff for Ukraine Minerals Deal Faces Many Hurdles
The agreement could provide a windfall to the U.S., but the resources will be expensive to extract, and any progress is unlikely while the war rages. Source: Original News