The Trump-Xi summit produced a one-year pause in rare earth restrictions and chip controls, but this temporary truce masks deeper strategic competition. Both sides gained breathing room while preparing for the next phase of the technology cold war.
The United States is reportedly planning new restrictions on products containing American software exported to China. Beijing has vowed countermeasures, escalating trade tensions ahead of crucial negotiations.
The Trump administration is reportedly considering new export controls on products containing American software destined for China, according to sources familiar with the matter. The proposed restrictions would affect a wide range of consumer and industrial goods, from laptops to jet engines powered by software developed by US companies. While no final decision has been made, analysts suggest this represents a significant escalation in the ongoing technology conflict between the world’s two largest economies.
The federal government has entered a shutdown after Senate Republicans failed to pass a funding bill for the eleventh time. The political standoff centers on healthcare provisions and could affect hundreds of thousands of federal workers and critical services across multiple agencies.
The federal government entered a shutdown early Thursday after the Senate rejected a Republican-backed continuing resolution for the eleventh time, according to reports. The 55-45 vote fell short of the 60-vote threshold needed to advance the measure, with three Democratic caucus members crossing party lines. The House had previously passed the GOP proposal in a 217-212 vote, but it required at least seven Democratic votes to clear the Senate.
Federal Reserve officials emphasize the institution’s independence from political influence as crucial for effective monetary policy. The central bank’s dual mandate of price stability and maximum employment requires long-term thinking beyond political cycles, according to recent statements.
Amid ongoing economic uncertainties and political pressures, Federal Reserve officials are reiterating the importance of the central bank’s independence, according to recent statements from San Francisco Fed President Mary Daly. Sources indicate this structural separation from direct political influence has been fundamental to the Federal Reserve‘s operations since its founding in 1913.
First-Ever Furloughs at Nuclear Weapons Agency The National Nuclear Security Administration (NNSA), which oversees the United States’ nuclear stockpile, has…
High-Stakes Diplomatic Meeting U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are scheduled to meet in Malaysia…
Diplomatic Setback in Washington Ukrainian President Volodymyr Zelenskyy departed Washington on Friday facing a significant setback in his country’s military…
The Trump administration is preparing to unveil a significant policy initiative aimed at expanding access to in vitro fertilization through…
