Economy of the United States

China tariffs to remain in place pending review: US

The US government has confirmed it will continue enforcing the tariffs on Chinese goods imposed by former president Donald Trump, following hundreds of requests from American companies.    

President Joe Biden had been considering how and whether to remove some of the tariffs by his predecessor, amid pressure to offer some relief to soaring U.S. inflation.    

Musk subpoenas former Twitter CEO and friend Jack Dorsey

Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped found, according to court documents.

Twitter and Musk are headed for an Oct. 17 trial in Delaware that should determine whether or not Twitter can force the billionaire to go through with the acquisition.

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