Last Night and This Morning News Roundup
🌐 International Trade & Tariffs
🟢 China’s Response: Beijing slammed the US’s proposed 245% tariff, urging Washington to stop “threatening and blackmailing” and return to trade negotiations.
🟢 US Strategy: The US plans to negotiate with over 70 countries to isolate China from key trade routes.
🟢 Tariff Revenue: The US has collected $21 billion in tariffs since President Trump took office.
🇺🇸 US Politics & Economy
🟢 Newsom’s Challenge: California Governor Gavin Newsom is asking the courts to block Trump’s “illegal” tariffs.
🟢 Trump's Take: Trump claims tariffs are helping bring product prices down and that the US is taking in record amounts.
🇯🇵 US–Japan Relations
🟢 Progress Report: Trump reports “big progress” on a trade deal with Japan after high-level talks.
🌍 Global Energy & Economics
🟢 China-Canada Oil Trade: Amid the US-China trade war, China is now importing record oil volumes from Canada, down 90% from US imports.
🟢 Russia's Digital Push: Russia's Finance Ministry plans to launch a government-backed stablecoin.