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Trade War

3 GoKawiil briefs on this topic

Tim Cook's Apple legacy defined by China-US political balancing act

Over his 15 years as Apple CEO, Tim Cook navigated increasingly tense relations between Chinese President Xi Jinping and US President Donald Trump, helping Apple avoid the worst fallout from a US-China trade war while keeping manufacturing operations in China intact. His approach included storing some Chinese user data on mainland servers starting in 2014, complying with Chinese app removal demands, and staging high-profile displays of goodwill with Trump, such as touring a Mac Pro plant together.

Canada-US tariff standoff set to raise toilet paper prices for both countries

After trade talks collapsed, Canada announced tariffs of 25-50% on nearly 900 US goods, including toilet paper and tissue products, set to take effect September 8. This is retaliation for a 50% US tariff hike, and since Canada supplies $328 million worth of toilet paper to the US annually, prices are expected to climb on both sides of the border.

Trump Administration Reportedly Eased DOJ Pressure on Live Nation

A report indicates that intervention tied to the Trump administration influenced the Justice Department's approach to its antitrust scrutiny of Live Nation, softening the pressure the company faced. The same roundup notes escalating trade tensions between the U.S. and Canada, alongside a $400 million settlement TikTok reached over a lawsuit concerning children's privacy.