Canada rescinds Digital Services Tax after Trump cuts off U.S. trade talks

U.S. President Donald Trump is greeted by Prime Minister of Canada Mark Carney, as he arrives at the G7 leaders’ summit in Kananaskis, Alberta, Canada June 16, 2025. Stefan Rousseau | Via Reuters Canada has walked back on its digital services tax “in anticipation” of a mutually beneficial comprehensive trade arrangement with the United States,…

China’s manufacturing activity contracts for a third month amid deflation woes

Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images China’s manufacturing activity contracted for a third straight month in June, an official survey showed on Monday, fueling hopes for more stimulus to cushion the…

Trump says Mamdani must ‘do the right thing’ if elected mayor of New York City — or risk losing funding

U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo’s Foreign Minister Therese Kayikwamba Wagner (not pictured) and Rwanda’s Foreign Minister Olivier Nduhungirehe (not pictured) in the Oval Office at the White House in Washington D.C., June 27, 2025. Ken Cedeno | Reuters President Donald Trump said that Democratic candidate Zohran Mamdani…

Op-ed: U.S. is losing rare earth metals war to China, and running out of time to win it back

A mining machine is seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China. China Stringer Network | Reuters In April 2025, China imposed new export controls on seven rare earth elements and the permanent magnets derived from them — materials that form the foundation of modern life and modern warfare….

An Energy Star inside U.S. homes is under attack from Trump, with the cost to homeowners uncertain

Donald Trump, as both a citizen and president, has railed against modern dishwashers, washing machines, light bulbs, showerheads and toilets, claiming that onerous government regulations render them less effective and more expensive. Since returning to the White House in January, he’s turned his ire into an edict. On April 9, Trump issued an executive order…