Author: KnowledgeHippo
President Trump said on Tuesday that he intended to impose 10 percent tariffs on Chinese imports into the United States on February 1, a decision that is sure to escalate trade tensions between the world’s largest economies.Speaking at the White House, Mr. Trump said the tariffs were in response to China’s role in America’s fentanyl crisis. Mr. Trump said China was sending fentanyl to Canada and Mexico, from where it would be transported to the United States.The threat of tariffs comes after Mr. Trump said Monday he planned to impose a 25 percent tariff on imports from Canada and Mexico…
President Trump on Tuesday announced a joint venture between OpenAI, SoftBank and Oracle to build at least $100 billion in computing infrastructure to power artificial intelligence.The venture, called Stargate, adds to tech companies’ significant investments in US data centers, huge buildings filled with servers that provide computing power. Stargate could eventually invest as much as $500 billion over four years. The three companies plan to contribute capital to the venture, which will be open to other investors and will start with 10 data centers already under construction in Texas.The joint venture announcement was an early trophy for Mr. Trump, even…
Automakers ship billions of dollars worth of vehicles and parts across the US border with Canada and Mexico every day. President Trump’s plan for 25 percent tariffs on imports from these countries could seriously disrupt those operations.On Monday, hours after his swearing in, Mr. Trump said he planned to impose the tariffs starting February 1. Now the question is whether he will follow through — or what conditions might prevent him from doing so.”Most people in the industry are waiting to see what happens and see what management is looking for from Canada and Mexico,” Mark Wakefield, head of the…
The Food and Drug Administration on Wednesday banned the use of Red Dye No. 3 in food, drink and medicine, more than three decades after synthetic coloring was first found to cause cancer in male lab rats.The dye, a petroleum-based additive, has been used to give candy, soda and other products their vibrant red hue. Consumer advocates said the FDA’s decision to revoke the license was long overdue, given the agency’s decision in 1990 to ban the chemical from use in cosmetics and topical medications.Under federal rules, the FDA is prohibited from approving food additives that cause cancer in humans…
It’s a Parisian scene as iconic as the Eiffel Tower: the sidewalk cafe, where outside, bistro chairs and rattan tables invite passers-by to linger and people-watch, and inside, strangers chat about the bar and exchange small talk. espresso and glasses of wine.But in the last 15 years, a purely Anglophone import of caffeine has hit the cafés and bistros of Paris: specialty coffee. With their carefully curated aesthetics, craftsmanship and rapid growth, cafes, some say, are increasingly capturing the attention, time and dollars of Parisians as well as the millions of international travelers who visit the French capital each year.Since…
A fire ripped through a 12-story hotel in a ski resort in Turkey on Tuesday, killing at least 66 people and injuring 51 others, authorities said, turning an idyllic vacation spot into a smoke-filled nightmare.The disaster struck during Turkey’s winter holidays, when children are out of school and many families go on holiday, including to ski resorts. It was not clear how many children were among the dead, but a number were reported by acquaintances.The cause of the fire was unclear.Justice Minister Yilmaz Tundes said on social media that six prosecutors had been assigned to investigate the fire and that…
President Trump signed an executive order on Monday to delay the enforcement of the federal ban on TikTok for 75 days, even though the law took effect on Sunday and it is unclear whether such a move could circumvent it.The order, one of the first acts of Mr. Trump after taking office directs attorney general to take no enforcement action so his administration has “an opportunity to determine an appropriate course forward”.” While signing the order, Mr. Trump told reporters that “the US should be entitled to half of TikTok” if a deal is reached for the app, without elaborating.…
President Trump moved quickly on Monday to withdraw the United States from the World Health Organization, a move that public health experts say will undermine the nation’s position as a global health leader and make it more difficult to fight the next pandemic.In an executive order issued about eight hours after his inauguration, Mr. Trump cited a number of reasons for the withdrawal, including those from the WHO “Mismanagement of the COVID-19 pandemic” and “failure to adopt urgently needed reforms”. He said the agency was demanding “unfairly onerous payments” from the United States and complained that China was paying less.The…
Gazans accepted the scale of the destruction in their old neighborhoods and Israelis awaited news of three recently freed hostages as a truce between Hamas and Israel resumed on Monday.With the 15-month war at a standstill, Palestinians have returned to parts of the Gaza Strip they had fled, picking their way through vast swaths of rubble and scrambling to salvage what they could – a couch, a mattress, a chair or a cage – from the debris of their former homes.”People can barely recognize the ruined places where they used to live,” said Montaser Bahja, an English teacher, a day…
Elon Musk, the world’s richest man, is likely to get office space in the West Wing, bringing him closer to President Trump as Mr. Musk is leading a project that aims to cut up to $2 trillion in government spending, two people with knowledge of the planning said Monday.Mr. Musk was expected to be in the Eisenhower Executive Office Building, which is on the White House complex, but not in the West Wing. But for several days now he has been asking about his level of access, signaling a desire for closeness to Mr. Trump, according to the people.Mr. Trump…