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The 90-day tariff deferral caused record freight reservations, rising prices and a rush to add factories outside of China before regaining duties.News AnalysisWhen the words that Washington and Beijing agreed to a 90-day tariff suspension broke on May 12, the containers were quickly stacked up at Yantian International Container Terminal in Shenzhen, a port that handles more than a quarter of US freight.The US job fell from 145% to 30%, while China fell from 125% to 10%. Within a day, outbound box rows packed major Chinese docks, carriers Quote Additional charges for the peak season of the voyage a few…

The proposal creates around 100 jobs locally.South Australian Prime Minister Peter Marinauskas supports plans for the state’s Tesla plant despite protests from the activist group “Tree Not Teslas.”Developer MAB CCT is about to build a factory on the outskirts of Tonsley, Adelaide.The facility will establish long-term Tesla tenants, allow for battery reuse and create a showroom for vehicles.However, the non-Teslas tree sets up a web page encouraging the community to oppose the development, destroying the green space and linking to CEO Elon Musk.”Working with companies like Tesla (and later Elon Musk) takes the risk of protesting the area, giving the…

Ono told councillors he accepted Day with his appointment in Michigan, but during the review of the summer 2023 program, he had a change of heart.The former University of Michigan president is one step closer to Florida’s major flagship university.The University of Florida Council of Trustees voted unanimously on Monday in favor of Ono’s appointment. Chairman Mori Hosseini said the university system board is expected to hold a final vote on the issue next week, but no dates were specified.In a series of questions Tuesday prior to the vote, the trustee asked Ono to identify a timeline as it was…

The Republican is known as a former coach of the college football team at Auburn University, one of Alabama’s two major universities.Washington – Sen. Tommy Tuberville (R-Ala.) will not seek re-election in 2026, and will instead run for the governor of Alabama.Tuberville was elected to the US Senate in 2020, serving his first term in the body. He is the coach of the college football team at Auburn University, one of Alabama’s two major universities, and is best known for the sport’s extremely popular state.The campaign website was established in his name on May 27th. Announced his candidacy Later that…

The temporary suspension is part of the department’s efforts to enhance the social media screening and review process for foreign students. WASHINGTON – The US State Department confirmed during the Epoch era that it ordered US embassies around the world to suspend student visa interviews on May 27th.The temporary suspension outlined in the internal cable, signed by Secretary of State Marco Rubio, is part of the department’s efforts to strengthen the review process, particularly in relation to social media screening.The internal cable will instruct the consul section not to add reservation slots to student and exchange visitor visas (F, M…

PDD’s US depositary stock fell by more than 13% on Nasdaq.PDD Holdings Inc., the parent company of Shanghai-based retail and shopping platform Temu, has seen a significant drop in first quarter profits and sales as the US is stepping up trade talks with Beijing while China’s e-commerce industry faces an increasing number of domestic and international challenges.In a first-quarter report released ahead of pre-market transactions in New York and London, PDD said its net profit had sank 47%, sinking to 14.74 billion yuan ($2 billion) from 27.9 billion yuan ($3.8 billion) the previous year. Revenue rose 10% to 95.67 billion…

Transport Secretary Sean Duffy threatened to refund the project if the state continues to collect $9 tolls to enter Manhattan.A federal judge has temporarily banned the federal government from continuing to punish New York’s state’s congestion price by continuing to sacrifice New York’s congestion congestion sacrifices and shutting it down.The order, issued Tuesday by Judge Lewis Liman of the Southern District of New York, prohibits the U.S. Department of Transport from withholding approval or funding for state transport projects. This will allow New York City to continue collecting $9 tolls for most passenger cars entering the Manhattan business district south…

Jeff Berardelli is WFLA Chief Meteorologist and Climate Specialist Tampa, Fla. (WFLA) – Most years say it can happen here. In 2024, it did. The worst storms were Helen and Milton. Two storms in just 13 days. They were very different hurricanes, devastating different parts of Tampa Bay. Helen was sorted into a tropical storm on September 25th and set up a skirting course across Florida’s west coast. By the next day it was a Category 4 hurricane just 100 miles from Pinellas County. Florida State Legislators will align hurricane bill amid fears of restrictions We landed near Perry just…

Jeff Berardelli is WFLA Chief Meteorologist and Climate Specialist Tampa, Fla. (WFLA) – Most years say it can happen here. In 2024, it did. The worst storms were Helen and Milton. Two storms in just 13 days. They were very different hurricanes, devastating different parts of Tampa Bay. Helen was sorted into a tropical storm on September 25th and set up a skirting course across Florida’s west coast. By the next day it was a Category 4 hurricane just 100 miles from Pinellas County. Florida State Legislators will align hurricane bill amid fears of restrictions We landed near Perry just…

While EV demand has skyrocketed across the continent, Tesla is upset amidst the controversy over CEO Elon Musk’s public remarks and political engagement.Tesla vehicle sales fell to nearly 50% in April, according to data released on May 27 by the European Association of Auto Manufacturers (ACEA).Last month, Tesla sold only 7,261 cars in Europe, down 49% from 14,228 cars a year ago. Meanwhile, overall electric vehicle sales in the region jumped nearly 28%, indicating how much Tesla has lost ground in one of its major markets.Tesla’s DIP will upgrade its top-selling model Y SUV, partly reflecting the temporary factory closure,…