Washington, D.C. — May 10, 2025 China’s exports to the United States have plummeted, marking a significant shift in trade patterns and underscoring the impact of President Donald Trump’s new tariff policy. The decline in Chinese shipments follows the introduction of a 10% baseline tariff on imports, which has reshaped business strategies and forced industries…
Trade tariffs have long been a tool used by U.S. presidents to protect domestic industries, negotiate trade deals, and influence global economic dynamics. Trump’s permanent 10% baseline tariff aligns with past protectionist policies but also differs in key ways. 1. The Smoot-Hawley Tariff Act (1930) One of the most infamous tariff policies in U.S. history,…
Manila, Philippines — May 10, 2025 The Commission on Elections (COMELEC) has issued a strong warning against misinformation spreading on social media that falsely claims the upcoming national elections have been moved to May 10 instead of May 12. Officials reaffirmed that the election date remains unchanged and urged voters to rely only on official…
