Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
Even buyers looking for alternatives to China think the world's second-largest economy will still be their top source.
A price floor means ex-president gets bonus even though Trump Media & Technology Group’s stock value has plummetedFormer president Donald Trump qualified for a bonus worth $1.2bn after shares in his social media company remained above a certain value despite falling sharply.Trump is poised to receive 36m additional shares in Trump Media & Technology Group (TMTG), owner of his Truth Social platform, under an “earn-out” windfall which boosts the paper value of his stake in the business to about...
Amid inflation, the migrant crisis and Ukraine and Israel’s fights for survival, it’s all too easy to overlook what Japanese Prime Minister Fumio Kishida last week rightly called “the greatest strategic challenge” to world peace: China. Just two days earlier, FBI Director Christopher Wray called Beijing “the defining threat of our generation.” The Chinese Communist
President Joe Biden and presumptive GOP nominee Donald Trump are now working to one-up each other with various tariff proposals despite both political parties enthusiastically backing free trade just a few years ago. The latest came on Wednesday, when Biden proposed tripling the import tariff on Chinese steel and aluminum, subject to an investigation by […]
It is the latest protectionist policy to be embraced by the White House in an election year.
Donald Trump's lawyers have just 24 hours to hand over evidence to prosecutors or risk seeing it banned from the former president's criminal hush money trial, according to a reporter inside the courtroom. New York City Judge Juan Merchan set the deadline Monday after Assistant District Attorney Josh Steinglass said Trump's attorneys had failed to turn over any of the exhibits they plan to use in the former president's defense, according to Law 360 reporter Stewart Bishop. Trump's legal team was...
This Week the Federal Trade Commission Votes on Restricting Anti-Market Employer Practice The Federal Trade Commission (FTC) will hold hearings starting Tuesday, April 23, on noncompete clauses. These clauses are part of tens of millions of employment contracts and limit workers’ ability to quit their current employer and find jobs elsewhere. That, in turn, suppresses []
Chinese stocks gained Monday as renewed regulatory support from Beijing shielded the market from a broader selloff hitting Asia.
Chinese stocks gained Monday as renewed regulatory support from Beijing
As the Biden administration proposes tripling duties, experts recall how previous tariffs mainly hit American consumers and industries.
President Biden on Wednesday called for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.