Because the week involves an in depth, let’s check out the highest tales that made headlines over the previous few days.
Xi Jinping Faces ‘Unprecedented’ Turmoil
Chinese language President Xi Jinping is dealing with a rare problem inside the Chinese language Communist Occasion, as U.S.-China commerce tensions proceed to rise. This example might result in a big management change within the celebration.
Political scientist Gordon Chang described the scenario as “unprecedented,” citing the removing of 9 senior navy officers, together with Xi’s prime loyalist, Common He Weidong. Chang urged that Xi himself may very well be eliminated or emerge stronger amidst this turmoil.
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Trump Scraps Commerce Talks With Canada
Regardless of the collapse of commerce discussions with Canada, “Shark Tank” star and investor Kevin O’Leary believes Individuals ought to give attention to long-term financial alternatives in Canada. This comes after President Donald Trump terminated all ongoing commerce talks with Canada following an commercial from Ontario criticizing U.S. tariffs.
O’Leary dismissed the commerce talks’ collapse as mere noise and urged Individuals to contemplate Canada as their greatest wager for long-term financial prospects.
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Trump Hints At Tariff Money Giveaway
President Donald Trump hinted at the opportunity of Individuals receiving direct money funds funded by the hovering tariff revenues. This means a possible shift in his hardline commerce technique in direction of an financial stimulus instrument forward of the 2026 midterms.
See Additionally: Stablecoins Are Quietly Exploding the Greenback – The Inflation Secret Wall Avenue Doesn’t Need You To Know – Benzinga
The U.S. Treasury noticed a outstanding $267.7 billion in tariff revenues through the second quarter of 2025, a 188.7% enhance from the second quarter of 2024. When mixed with the primary quarter’s $96.97 billion, the overall 2025 tariff revenues have already surpassed $360 billion as of June.
Learn the complete article right here.
Trump’s Tariff Menace Turns China’s Uncommon-Earth Play Dangerous
China’s latest transfer to tighten its grip on rare-earth exports might backfire, warn analysts. The nation’s near-total dominance within the sector, accounting for 92% of worldwide refining and 98% of magnet manufacturing, is now below menace on account of its expanded export controls on uncommon earths and magnet-related supplies.
This high-stakes financial play might provoke harsher U.S. tariff retaliation and speed up diversification efforts.
Learn the complete article right here.
Bernie Sanders: ‘Elon Musk Grew to become $186 Billion Richer’ Below Trump
Senator Bernie Sanders criticized the widening wealth hole amid the surge within the web price of billionaires throughout President Donald Trump’s second time period in workplace. Sanders pointed to the staggering good points amongst a few of the richest and most high-profile billionaires within the nation, together with Elon Musk, Mark Zuckerberg, and Jeff Bezos.
This surge in wealth has raised considerations in regards to the rising wealth inequality within the U.S.
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Disclaimer: This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.
Picture by way of Shutterstock/ IAB Studio
