Legal Battle Over Eligibility for U.S. Tariff Refunds Moves to Appeals Court
A federal dispute intensifies over whether all importers can claim refunds for tariffs voided by the Supreme Court, with billions already repaid and more at stake.
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China Commits Nearly $300 Billion to Data Centers to Accelerate AI Ambitions
China plans to invest around $295 billion in data centers over five years, aiming to boost domestic AI development and reduce reliance on foreign technology amid growing competition with the U.S.
Trade & Tariffs
SpaceX’s Ambitious Chip Manufacturing Plans Face Uncertainty Despite Bold Claims
SpaceX promotes a massive chip plant tied to its AI ambitions, yet its IPO filing shows no final agreements or timelines, prompting fresh doubts about the project’s viability.
Trade & Tariffs
EU Targets Iran’s Revolutionary Guard Over Strait of Hormuz Control Measures
The European Union sanctioned Iran’s Revolutionary Guard unit and two officials for imposing tolls and restrictions on commercial vessels transiting the strategic Strait of Hormuz, violating international navigation laws.
Trade & Tariffs
Bangladesh Emerges as Net Importer of E-Waste Amid Weak Regulation and Enforcement
Despite international commitments and national laws, Bangladesh imports significant amounts of electronic waste, fueled by lax oversight and inadequate recycling infrastructure.
Trade & Tariffs
Senators urge reinstatement of fees on Chinese ships to revive US shipbuilding
Two Democratic senators call on the Trump administration to restore port fees on Chinese vessels, aiming to strengthen America’s shipbuilding industry and reduce reliance on China.
Trade & Tariffs
Awami League Leaders Appeal to EU for Support Against Sanctions Amid Crackdown
Former Awami League lawmakers met with European officials seeking the removal of sanctions and highlighting political repression and human rights concerns in Bangladesh.
Trade & Tariffs
European Public Favors Cut in Fossil Fuel Imports to Enhance Energy Security
Polling across five major European nations reveals strong public backing for reducing fossil fuel imports and boosting electrification to improve the continent’s safety and cooperation.
Trade & Tariffs
Xi Jinping and Kim Jong Un Reinforce Strategic Alliance During Rare Summit
Chinese President Xi Jinping’s first visit to North Korea in seven years highlights a renewed push for deeper cooperation and mutual strategic support.
Trade & Tariffs
Uzbekistan and U.S. Aim to Strengthen Trade and Investment Partnership
Uzbekistan and the U.S. discussed expanding economic cooperation across multiple sectors, emphasizing joint investment projects and increased business engagement.
Trade & Tariffs
Arctic National Wildlife Refuge Lease Sale Attracts Limited Bids, Major Oil Firms Absent
The recent ANWR lease sale generated over $3.7 million in bids, yet key oil and gas companies stayed away, signaling continued industry hesitance towards development in the refuge.
Trade & Tariffs
Watchdog Highlights Security Flaws in IRS-ICE Taxpayer Data Exchange
A Treasury watchdog report reveals significant risks in the IRS-ICE agreement to share taxpayer data for immigration enforcement, citing flawed matching processes and data errors.