Business

Donald Trump pledged during his campaign that if he returned to the White House, he would impose taxes on all imported goods to the U.S. This proposal has left businesses and economists worldwide speculating on how likely he is to follow through. Trump views tariffs as a tool to strengthen the U.S. economy, safeguard American jobs, and boost tax revenue. In previous years, he has implemented tariffs on specific countries, notably China, and on certain industries, like steel.However, his recent campaign promise to levy a 10-20% tax on all foreign products could impact global pricing significantly. He argued that tariffs could solve various issues, from managing trade with China to curbing illegal immigration. "Tariff is the most beautiful word in the dictionary," Trump declared, signali...

Russian Court Hits Google with Record-Breaking $20 Decillion Fine Over YouTube Bans—A Symbolic Move with Global Ripples A Russian court has ordered Google to pay a staggering fine—so immense that even the Kremlin acknowledged to NBC News on Thursday that it is largely symbolic and not a sum expected to impact Russia's financial resources soon. The penalty, approximately 20 decillion dollars (or 20 followed by 33 zeros) or two undecillion rubles, reflects claims by 17 Russian television channels and other media outlets, which had their content blocked on YouTube, the video-sharing platform owned by Google. These blocked channels are associated with supporters of Russian President Vladimir Putin’s administration and the ongoing conflict in Ukraine, as reported by Russian outlet RBC. In pra...