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Friday, January 16, 2026

Tag: Trump tariffs impact

China’s Trade Surplus Hits Record $1.2 Trillion Despite US Tariffs

China's trade surplus surged to a historic $1.2 trillion, driven by strong exports and a weak yuan. Discover the factors behind this growth and its global impact.

Elon Musk Failed to Dissuade Trump on Tariffs, Reveals Impact

Elon Musk says he tried to talk Trump out of tariffs, calling them disruptive. See how the 50% duties hit India's exports and Musk's AI job prediction.

UPS Cuts 48,000 Jobs in Major Restructuring to Boost Profits

UPS eliminates 48,000 positions amid Amazon slowdown and Trump tariffs. Stock surges 7% despite falling revenue as company focuses on higher-margin business.