labels: united states
The United States has placed Thailand on its Tier 2 list, indicating a high risk of it being a transit route for tariff-evading Chinese goods. The US is preparing to use AI to detect and prevent fraudulent use of preferential treatment.
The United States has placed Thailand on its Tier 2 list, along with Vietnam, Malaysia, Indonesia, Brazil, and Turkey, as a potential transit point for tariff-evading Chinese goods. It is estimated that transshipment causes the US to lose $1.9-2.6 billion in tax revenue annually.Brazil retaliates against the US over the 25% tariff, threatening to use measures beyond import tariffs.
Brazil has begun invoking its Reciprocity Law in retaliation against the United States over the 25% tariff, paving the way for stronger measures, including restricting US media companies and suspending pharmaceutical and agricultural patents.The US is poised to sell 30-year bonds with a yield of 5.24%, the highest in 25 years, pushing its interest burden past $1 trillion.
The US is poised to sell 30-year bonds with a yield of 5.24%, the highest in 25 years, pushing interest liabilities past $1 trillion. Attention is focused on the Treasury reducing its issuance of longer-term bonds to lower borrowing costs.The prediction market faces a new challenge as several US states move to control betting on election results.
Prediction markets in the US are facing legal challenges after several states regulated election betting, while Kalshi-Polymarket insists it remains under federal authority, sparking a dispute over who has the right to regulate prediction markets."US emergency oil reserves" fell below 300 million barrels, the lowest in 43 years.
The U.S. strategic oil reserve fell to 298.7 million barrels, the lowest level since 1983, after the Trump administration ordered the release of 172 million barrels to counter the supply crisis stemming from the Iran-Iran conflict. Once the planned release is complete, the stockpile could fall to around 243 million barrels.Trump signs order to reduce the number of childhood vaccines to 11, while the US experiences its worst measles outbreak in decades.
President Trump signed an executive order to move forward with adjusting childhood vaccination schedules, proposing to split the MMR vaccine into three doses, amid declining childhood vaccination rates and a surge in measles cases in the United States.The United States affirms it will not withdraw from Asia, emphasizing it wants partners, not protectorates.
The United States remains steadfast in the Indo-Pacific to maintain a balance of power, urging allies to increase defense budgets and take greater responsibility for their own security.Goldman Sachs indicates that US support for the yen will not shake the dollar's dominance as the world's reserve currency.
Goldman Sachs indicates that the US is supporting the yen, preventing the dollar's dominance as the world's reserve currency, despite concerns about the credibility of US assets.Former BOJ executive indicates Japan and the US are ready to intervene again if the yen weakens again.
A former BOJ executive indicates that Japan and the United States are ready to intervene again if the yen weakens further, while also noting that support from the US helps mitigate the risk of a sharp yen drop.China is furious! The US has added more than 40 Chinese companies to its list of companies under stricter controls on forced labor, arguing that it negatively impacts global supply chains.
China's Ministry of Commerce condemned the U.S. for listing more than 40 Chinese companies under the U.S. Law on the Protection Against Forced Uyghur Labor, calling it unilateral sanctions and economic pressure, and affirmed that China will use all measures to protect its businesses.
