Economy - News for amigos, by amigos

US Tariffs Hit LA Port, Fueling Job Losses & Rising Costs

US tariffs have slashed LA Port cargo by 35%, risking job losses and higher prices as businesses scale back on costly imports.

A new U.S. study reveals that climate-driven wildfire smoke killed around 15,000 people and cost $160B over 15 years.

The U.S. Federal Reserve holds rates at 4.5%, waiting for clearer economic signals amid tariff impacts.

China and the U.S. will hold their first high-level trade meeting in neutral Switzerland to ease tensions and promote balanced dialogue.

A lively press conference unveiled the Private Sector Promotion Law, set to boost private enterprise and innovation on the Chinese mainland.

The Chinese mainland unveils bold measures like rate cuts and SME financing to boost market momentum and stabilize the economy.

MSNBC’s Ali Velshi warns Trump’s 145% tariff on imports from the Chinese mainland may drive up prices on everyday essentials.

Chinese mainland and US IP cooperation boosts innovation and trade, driving mutual economic growth.

China and the US meet in Switzerland amid tariff tensions, signaling hope for improved dialogue and global economic stability.

China’s central bank cuts the reserve ratio by 0.5%, injecting 1 trillion yuan to boost liquidity and stimulate growth.