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Kim Jong Un Rolls Into China on His Armored Train | WSJ News
WSJ News· 2025-09-02 10:24
Like his father and grandfather before him, North Korea’s Kim Jong Un travels by armored train on a rare trip to China ahead of Beijing’s military showpiece. ...
Afghanistan Earthquake: Hundreds Killed in 6.0-Magnitude Tremor | WSJ News
WSJ News· 2025-09-01 13:40
Afghan authorities said hundreds were killed when a 6.0-magnitude earthquake struck a mountainous area close to the border with Pakistan. ...
Xi, Modi and Putin Project Unity Amid Tense U.S. Relations | WSJ News
WSJ News· 2025-09-01 09:46
General Overview - The organization has gone through an extraordinary development process [1] - It has made important contributions to safeguarding regional security, promoting common development, and enhancing people's well-being [1] - It serves as a model for a new type of international relations [1]
Appeals Court Case Against Trump’s Tariffs Explained | WSJ News
WSJ News· 2025-09-01 05:48
Legal & Regulatory Landscape - US Court of Appeals ruled that the bulk of President Trump's tariffs are not legally justified, stating he overstepped his legal authority [1] - The ruling impacts approximately 70% of tariff revenues [4] - The Trump administration is expected to appeal the decision [2] - A lower court, the US Court of for International Trade, had previously ruled against the tariffs [3] Potential Financial Implications - If the case is lost, the government could be ordered to refund hundreds of billions, potentially up to a trillion dollars, in tariffs to companies [6] - This refund process would create a logistical and financial nightmare for the government [6] Industry Outlook - Most US businesses recognize that the ruling does not bring immediate change [7] - Uncertainty for businesses is expected to persist even if the tariffs are struck down, as the administration may use another tariff authority [7]
Trump Ends De Minimis Tariff Rule: How Online Shoppers Will Be Hit | WSJ News
WSJ News· 2025-08-29 21:27
Policy Change Impact - The US government has suspended the duty-free *de minimis* rule, potentially increasing costs for consumers on e-commerce packages valued at $800 or less [1] - Foreign post offices are suspending e-commerce package shipments to the US due to the complexity of tariff collection [6] - US manufacturers anticipate increased demand due to a leveled playing field with foreign suppliers now facing similar import costs [8] Business Strategies & Challenges - Companies may consider housing inventory in US warehouses to avoid individual tariffs on packages [5] - Smaller businesses are expected to face greater challenges navigating the tariff changes compared to larger companies with more resources [6] - Businesses are exploring options such as paying tariffs upfront or halting shipments to the US to avoid passing costs to consumers [7] Consumer Impact - Consumers should anticipate potentially higher prices and reduced choices in the short term [8] - The exact impact on consumer costs remains uncertain, as companies may choose to absorb or share the tariff expenses [3]
Thailand’s Prime Minister Ousted by Court Over Controversial Call | WSJ News
WSJ News· 2025-08-29 16:31
Political Instability - Thailand's constitutional court ruled Prime Minister Petan Sinowat committed serious ethical breaches during a call with Hunen [1] - Petong Tang is the third family member ousted from the prime minister's office before term end, impacting the Sinoat dynasty [2] - Petong Tang accepted the court's ruling, emphasizing acting in Thailand's interest [2] - Thailand faces political limbo with the need to find a new prime minister [3] - Potential scenarios include the current coalition uniting, opposition forming a new coalition, or new elections [3][4] Economic Concerns - Thailand is undergoing a serious economic crisis, requiring efforts to maintain stability [3]
WSJ Correspondent Breaks Down Lawsuit After Fed Governor Sues Trump | WSJ News
WSJ News· 2025-08-28 23:07
Lisa Cook, a member of the Federal Reserve Board, filed suit against President Trump, the Federal Reserve itself, and the Fed chairman Jerome Powell, alleging that Trump's purported firing of Lisa Cook was illegal. This is 2 days after President Trump went to social media to fire Lisa Cook, uh alleging that she had filed a fraudulent mortgage application and that was sufficient cause to remove her uh before the expiration of her 14-year term. The president has the authority to fire those who are not aligned ...
Trump Administration Considers Using Illinois Naval Base as ICE Operations Center | WSJ News
WSJ News· 2025-08-28 16:41
Mr. . Hen, can you confirm that the uh there's a naval base that is going to be used as an ICE operations center hub north of Chicago uh ahead of operations in the city. There's discussions about that.Yes. How soon could we see ice agency. We'll see.It's under discussions. The planning is still being uh discussed. So, uh maybe by the end of today, but yeah, it's it's being discussed.And how many ICE agents are you anticipating on the ground there with National Guard will also use that naval base as a hub. U ...
Greenland Dispatch: Unpacking Claims of U.S. Secret Influence Campaign
WSJ News· 2025-08-28 12:57
Geopolitical Landscape - US interest in Greenland sparks international tension with Denmark due to alleged covert influence campaign [1][2] - Danish foreign ministry summons top US diplomat for talks following allegations of US intelligence gathering in Greenland [3] - Greenland's strategic location in the Arctic is crucial for international world security [4] Strategic Importance of Greenland - Greenland holds an extremely important strategic location in the Arctic [4] - The island is home to the northernmost US military installation, Pituic Space Base [4] - The Arctic is increasingly seen as a potential conflict node between the West and Russia or China [5] Resource Potential - Greenland is rich in mineral resources [4] US Objectives - US seeks to sew divisions between Denmark and Greenland and recruit members to a separatist movement [2] - US aims to collect information in Greenland, particularly about people supportive of the president's objectives [3]
Russia Launches Largest Strikes on Kyiv Since Trump-Putin Meeting | WSJ News
WSJ News· 2025-08-28 12:07
- This was the deadliest drone and missile attack on the capital since July, and as you can see behind me on the screen, it was an attack also on our delegation. ...