In the Unlock the White House Watch newsletter, it is reported that Donald Trump had his first call with China’s President Xi Jinping since leaving office, discussing issues like TikTok and trade. The call comes before the Supreme Court upheld a law banning TikTok in the US, with Trump expressing support for the app. Trump’s incoming national security team has been in contact with Beijing, and both countries are awaiting Trump’s China policy.
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With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test
President Trump's tariffs on automobiles and auto parts have sparked a clash with mainstream economists, with the president arguing that they will boost American jobs and prosperity by encouraging domestic production. However, economists warn that tariffs could lead to higher car prices, disrupt supply chains, and trigger global trade wars, ultimately hurting the U.S. economy. Stock markets fell in response to the tariffs, with automakers and economists predicting disruptions and layoffs in the auto sector....
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