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China Warns US Congress Over New Semiconductor Export Bans

Key Points: Beijing strongly warned the US Congress that new chip export bills will severely damage global supply chains. The House Foreign Affairs Committee recently approved new laws to block advanced artificial intelligence and chip technology from reaching China. Chinese...

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US President Donald Trump Buys $51 Million in Bonds During Active Trading Month

Key Points: US ethics officials revealed that President Donald Trump executed 175 financial transactions in March. The president purchased at least $51 million in bonds, primarily in safe government debt. His 26 largest trades ranged from $1 million to $5 million, including major buys of General Motors. Trump also bought corporate bonds from leading technology and finance companies such as Nvidia, Microsoft, and Goldman Sachs....

High Gas Prices Push American Drivers Toward Electric and Hybrid Cars

Key Points: Surging gas prices hit $4.06 per gallon, pushing 52% of shoppers to consider electric or hybrid vehicles. Consumer searches for used electric vehicles jumped 25.5% as buyers search for cheaper alternatives to gas. The Trump administration killed the $7,500 electric vehicle tax credit last year, which severely hurt overall sales. Used Tesla models dominate the second-hand market and spend an average of only...

Shipping Giants Seek Tariff Refunds Despite Threats From President

Key Points: Major shipping companies like FedEx, UPS, and DHL plan to claim their share of $166 billion in tariff refunds. President Donald Trump warned businesses against applying for the money and threatened to hold those who do accountable. Consumers filed 17 lawsuits against major corporations to guarantee that the refund cash goes back to regular shoppers. The government will take up to 45 days...