Technology

Technology

China tariffs may already be hiking up import fees

US consumers may already be seeing additional fees on shipments from China after President Donald Trump’s tariff on Chinese goods took effect on Tuesday. Clint Reid, the founder and CEO of a company that offers software to help with cross-border commerce, posted screenshots on X showing additional charges added to …

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Ford lost $5 billion on EVs in 2024, teases new models

Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as much as $5.5 billion on its EV business. Ford reported its fourth quarter and full-year earnings …

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DC is just waking up to Elon Musk’s takeover

The long block outside of the US Treasury Department on Tuesday was lined with protesters. They flooded across the street with signs bearing slogans: “Nobody elected Musk”; “This is illegal”; “Stop the coup.” It was one of multiple DC protests targeting billionaire Elon Musk’s reported access to core government payment …

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