China

The Globalization Paradox: Why the U.S. Is Reshaping the Rules of the Game

The global society existed as a widely accepted method to achieve economic prosperity through open markets, which drove innovation along with competition to generate shared achievements. The actual form of globalization became evident when Vice President J.D. Vance revealed the system used rich countries to dominate while maintaining developing nations in low-value manufacturing roles forever.

Facebook’s Alleged Collaboration with China: A Deep Dive into the Whistleblower Claims

Sarah Wynn-Williams believes Facebook formed a cooperative partnership with Chinese officials to develop content restriction methods for the Chinese market. Sarah Wynn-Williams disclosed her information through a new book and an SEC whistleblower complaint after her tenure as global public policy director at Facebook.

China Responds to US Tariffs but Still Wants Negotiation.

Tariffs are taxes on imported foreign commodities. The companies that import the foreign goods into the country pay the tax to the government. Tariffs typically account for part of the price of a commodity. A 20% tariff on Chinese imports would mean charging an additional $2 on a $10 (£7.76) item. Firms can merely transfer some or all of the cost of tariffs to customers.

The US has tended to put lower tariffs on imports than other countries, so his reciprocal offer would lead to a sharp and dramatic increase in the tax levels and the prices consumers pay at checkout.