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Trump's tariffs bite at quiet US ports
Trump's tariffs bite at quiet US ports
by  AFP

At the Port of Los Angeles, the frenetic choreography of cranes unloading containers from Asia has slowed to a tiptoe, and the noise of the busiest docks in the US is quieting. For the week of May 4, the Port of Los Angeles will receive up to 35 percent less cargo compared with the same period last year, Seroka said.

Carney vows to transform Canada economy to withstand Trump
Carney vows to transform Canada economy to withstand Trump
by  AFP

Prime Minister Mark Carney promised Friday to oversee the biggest transformation of Canada's economy since the end of the Second World War to enable it to "stand up" to Donald Trump. To this end, he promised to abolish existing trade barriers between Canadian provinces by July 1 to expand the economy, and to strengthen trade with "reliable allies."

Apple eases App Store rules under court pressure
Apple eases App Store rules under court pressure
by  AFP

Apple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit. The rule change came just two days after a US judge accused Apple of defying an order to loosen its grip on the App Store payment system to the point that criminal charges could be warranted.

Billionaire-owned Paris FC win promotion and prepare to take on PSG
Billionaire-owned Paris FC win promotion and prepare to take on PSG
by  AFP

Six months after a joint takeover that involved Europe's richest man and drinks giant Red Bull, Paris FC squeezed out a 1-1 draw at Martigues on Friday to lock up promotion to Ligue 1. In Ligue 1, another billionaire-owned club, Nice moved back into the Champions League places with a 1-0 home win over Reims.

Trump eyes huge 'woke' cuts in budget blueprint
Trump eyes huge 'woke' cuts in budget blueprint
by  AFP

US President Donald Trump on Friday eyed massive cuts targeting "woke" and "wasteful" spending in his first budget blueprint since he returned to power, while boosting defense and border security. Trump would also massively cut foreign aid even while stepping up defense spending to $1.01 trillion and pouring money into homeland security as part of his anti-immigration drive.

US ends duty-free shipping loophole for low-cost goods from China
US ends duty-free shipping loophole for low-cost goods from China
by  AFP

The United States on Friday ended a tariff exemption for goods shipped from China worth less than $800, dealing a major blow to popular e-commerce sites such as Shein and Temu, whose cheap items consumers have come to rely on. The move threatens to hammer the business model of several large firms that ship cheap goods from China -- including fast-fashion titans Shein and Temu.

Australians vote in election swayed by inflation, Trump
Australians vote in election swayed by inflation, Trump
by  AFP

Australians will cram voting booths on Saturday to pick their next government, deciding a hard-fought election shaped by living costs, climate anxiety and Trump tariffs. "The cost of living -- it's extremely high at the moment.