U.S.–China Trade War 2025: 500% Tariff Threat Sparks Global Alarm

U.S. Treasury Secretary Scott Bessent has revealed that 85 senators are ready to authorize President Donald Trump to impose tariffs of up to 500% on China over its Russian oil imports, signaling a new escalation in U.S.-China trade tensions and rare earth disputes.
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Elon Musk Breaks with Trump Over ‘Big Beautiful Bill’: Says It Increases Deficit and Undermines DOGE

In a rare public rift Elon Musk Breaks with Trump Over 'Big Beautiful Bill': Says It Increases Deficit and Undermines DOGE. Tesla and SpaceX CEO Elon Musk has voiced strong criticism with former ally President Donald Trump, of the administration’s latest spending legislation, dubbed the “One Big Beautiful Bill.” During a preview of an interview set to air on CBS Sunday Morning on June 1, Musk declared his disappointment with the bill, citing its contribution to a growing federal deficit and its contradiction of his own efforts to streamline government spending through the Department of Government Efficiency (DOGE).
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