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China eyes U.S. farm exports for retaliation as importers rush to beat tariffs

Chinese manufacturers reported an uptick in orders in February as importers rushed to beat higher U.S. tariffs imposed by President Donald Trump, as a Chinese state media report said that Beijing was considering ways to retaliate.

Trump earlier imposed a tariff of 10% on imports from China and that will rise to 20% beginning Tuesday. He also ended the "de minimis" loophole that exempted imports worth less than $800 from tariffs, in a blow to companies whose online sales direct to consumers had soared in recent years.

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Musk's entry into right-wing politics risks turning off car buyers, sinking Tesla's stock

Elon Musk's car company is required each year to report to investors all the bad things that could happen to it, and the latest version lists every imaginable threat from costly lawsuits to out-of-control battery fires to war and another epidemic.

But there's barely any mention in the latest annual update of Musk's full-bore entry into right-wing politics, which some experts say is turning off potential customers who don't share his views.

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Eurozone inflation eases slightly in February

Eurozone inflation edged down slightly in February to 2.4 percent thanks to a slowdown in energy price increases, official data showed on Monday.

Last month's rate was down from 2.5 percent in January, but it came in higher than the 2.3 percent predicted by analysts for financial data firm FactSet.

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German inflation stays flat in February at 2.3%

Germany's inflation rate remained stable in February at 2.3 percent, preliminary data showed Friday, leaving the door open for the European Central Bank to ease rates at its meeting next week.

The annual inflation rate in Europe's largest economy was in line with the expectations of analysts surveyed by financial data firm FactSet.

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Japan's Nikkei closes down 2.88%, Hang Seng falls 3.5%

Shares in Japan and South Korea closed sharply lower on Friday as US President Donald Trump's volley of tariff measures sparked fresh fears about a global trade war.

Japan's Nikkei 225 closed down 2.88 percent at 37,155.50, while in Seoul the Kospi ended 3.39 percent lower at 2,532.78. The Hang Seng in Hong Kong was off 3.47 percent in afternoon trade.

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China warns new US tariffs will 'seriously impact dialogue'

China warned on Friday that an additional 10 percent tariff on Chinese imports by the United States would "seriously impact dialogue" between the two countries on narcotics control, accusing Washington of "blackmail".

"Pressure, coercion and threats are not the correct way to deal with China. Mutual respect is the basic premise," foreign ministry spokesman Lin Jian said.

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EU will 'do the same' if US maintains tariff hikes, French finance minister says

French Finance Minister Eric Lombard told AFP on Thursday that the European Union would "do the same" if the United States maintains 25 percent tariffs announced by President Donald Trump.

"It is clear that if the Americans maintain the tariff hikes, as President Trump announced, the EU will do the same," Lombard said on the sidelines of the G20 finance ministers meeting in Cape Town.

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Trump sees 'thirst' for 'gold card' visa idea with $5 mn potential path to US citizenship

President Donald Trump said Wednesday that he plans to start selling a "gold card" visa with a potential pathway to U.S. citizenship for $5 million, seeking to have that new initiative replace a 35-year-old visa program for investors.

"I happen to think it'll sell like crazy. It's a market," Trump said. "But we'll know very soon."

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USAID workers will be given 15 min to clear workspaces as agency gets dismantled

Thousands of U.S. Agency for International Development workers who have been fired or placed on leave as part of the Trump administration's dismantling of the agency are being given a brief window Thursday and Friday to clear out their workspaces.

USAID placed 4,080 staffers who work across the globe on leave Monday. That was joined by a "reduction in force" that will affect another 1,600 employees, a State Department spokesman said in an emailed response to questions.

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France joins U.S. in seeking access to Ukraine minerals

France is also seeking access to Ukraine 's deposits of critical minerals, with negotiations already underway for months, the French defense minister said Thursday, indicating that the United States isn't the only player.

Ukrainian leader Volodymyr Zelenskyy is expected Friday at the White House to sign a minerals deal with the United States. President Donald Trump made the announcement Wednesday.

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