On Tuesday, Olof Gill, a spokesperson for the European Union Commission, said the commission was expected to present a preliminary plan early next week to deal with the broad import tariffs announced by Mr. Trump. "Early next week, we will basically present our plan. We will explain what the roadmap is and then consult with member states and industry before presenting final measures that will be presented to member states for a vote," the spokesperson said.
According to the Wall Street Journal, Ontario, Canada will impose a 25% export tax on electricity exported to the United States.
On February 15th, according to US media reports, chip manufacturing giant TSMC may take over the chip manufacturing business of Intel Corporation in the United States. According to the report, according to people familiar with the matter, in response to the deteriorating operating conditions, Intel's board of directors began to approach TSMC at the end of last year to explore the possibility of cooperation between the two parties. The negotiations are at an early stage, and the form of cooperati...
Las Vegas businessperson Brent C. Kovar first appeared in court on February 14 on suspicion of cryptocurrency fraud, according to the U.S. Attorney's Office of Nevada. Prosecutors accused him of fraudulently claiming to use artificial intelligence to mine and verify cryptocurrency transactions through his company Profit Connect between the end of 2017 and July 2021, promising an annualized yield of 15% -30% and providing a full refund guarantee, defrauding more than 400 investors of about $24 mi...
The European Union's executive commission said on Friday it would respond "firmly and immediately" to tariff increases resulting from US President Donald Trump's proposed "reciprocal" trade policy, calling it unjustified and a step in the wrong direction. "The European Union maintains some of the lowest tariffs in the world and there is no reason for the US to increase tariffs on European Union exports," the commission said in a statement. More than 70 per cent of imports enter the European Unio...
According to the SEC meeting memo, on February 5, 2025, crypto task force staff met with representatives from Jito Labs and Multicoin Capital Management, during which two main topics were discussed: 1. The feasibility of including a pledge function in exchange-traded products (ETPs); 2. Pledging model scheme for specific cryptoasset ETPs. The inclusion of a pledge function in an ETP will benefit investors, more accurately reflect the value of native network assets, and allow issuers to...
According to Bloomberg and the Wall Street Journal on February 14, citing sources, after receiving assurances from Pam Bondi, the attorney general appointed by US President Trump, Apple and Google will TikTok back on the shelves in their own app stores. According to sources, the two technology companies have received a letter from Bondi, which assures them that the resumption of listing TikTok "does not constitute illegal" and will not face legal consequences. After the above news broke, Reuters...
On February 2, the spokesperson of the Ministry of Foreign Affairs answered a reporter's question on the US announcement of a 10% tariff on Chinese products imported to the US. The US side imposed a 10% tariff on Chinese products imported to the US on the grounds of the fentanyl issue. China is strongly dissatisfied with this and firmly opposes it. It will take necessary countermeasures to firmly safeguard its own legitimate rights and interests. The US side should view and handle its own fentan...
On January 20th, according to CNN, citing sources familiar with the matter, on January 20th local time, the inauguration ceremony of US President-elect Trump will be held at the US Capitol. At that time, Trump will ride in the same car as current President Biden to the Capitol. Four years ago, Trump skipped Biden's inauguration, and the two did not ride together, but in January 2017, when Trump first became president of the United States, former US President Barack Obama and Trump attended the i...
On January 18th, according to the US technology media SemiAccurate, the media confirmed through multiple sources that a mysterious company intends to acquire Intel (INTC. O) as a whole. Affected by this news, Intel's share price rose by more than 9% on Friday. The latest report from investment community Seeking Alpha said that Citigroup analysts read the paid report and said in a report sent to clients, "The SemiAccurate paid report mentions Musk as a potential...