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Japan Steel Production Drops to Lowest Level Since 1968

Key Points: Japan produced 80.33 million tons of crude steel in fiscal 2025, down 3.2%. The decline represents the fourth consecutive year of shrinking factory output. Chinese overproduction and cheap electric vehicles severely damage Japanese market share. March saw production...

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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 officials accused American lawmakers of using national security as a fake excuse to hurt normal global trade. Global investors worry that China might strike back...

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...