In a White House press briefing, press secretary Karoline Leavitt said President Donald Trump is waiting for Chinese leader Xi Jinping’s call to make a deal on tariffs. Beijing is increasing tariffs on U.S. imports from 84 percent to 125 percent in retaliation against the U.S. decision to hike China duties to a total of
The Biden-era rule would have drastically expanded tax reporting requirements for digital asset transactions. President Donald Trump on Thursday signed into law a resolution overturning a Biden-era rule from the IRS that expanded the definition of a broker to include decentralized cryptocurrency exchanges. Rep. Mike Carey (R-Ohio) introduced the Congressional Review Act disapproval resolution that
Robert F. Kennedy Jr. said the vaccine is not effective. Health Secretary Robert F. Kennedy Jr. said in a new interview that Novavax’s COVID-19 vaccine is not effective, his first comments since regulators missed a deadline to approve the shot. “We’re looking at that vaccine. It is a single antigen vaccine, and for respiratory illnesses,
Col. Susan Meyers had hosted Vice President JD Vance at the Pituffik Space Base in Greenland on March 28. The Pentagon has relieved the commander of a U.S. Space Force base in Greenland just two weeks after she hosted Vice President JD Vance for a visit. In an April 10 statement, Space Force Delta 1
In early 2025, leading PC makers such as Lenovo and HP significantly increased shipments to the United States ahead of anticipated tariffs. Technology vendors rushed to ship products to the United States in the first quarter of 2025 in a bid to beat out anticipated tariffs. In the first three months of 2025, 62.7 million
The latest round of contract terminations will bring the Department of Defense’s total spending cut to nearly $6 billion, the Pentagon chief said. The Department of Defense (DOD) will cut $5.1 billion in consulting and IT contracts that Pentagon Chief Pete Hegseth deemed are non-essential, according to an April 10 memo. In the memo, Hegseth
‘It’s as the military would say, target-rich environment,’ Musk said, referring to the alleged fraud and waste in the federal government. Elon Musk said on Thursday that he expects the Department of Government Efficiency (DOGE) to save $150 billion from the federal budget in fiscal year 2026. Musk said in March that he was confident