Global News
The latest voice of the US Treasury Secretary! Countries that don't negotiate in good faith will receive tariff letters Tax rates will be the level of April 2
U.S. Treasury Secretary Scott Bessent responded to Moody's downgrade of the U.S. credit rating by saying that he didn't trust Moody's very much, and that Moody's rating "lags behind the indicator". Basent said that U.S. GDP will grow faster than debt. On tariffs, Mr Basent said there would be a lot of regional agreements. Basent said the United States is focusing tariff discussions on 18 key trading partners. Besant also said he did interact Saturday withWalmartCEO Macmillan spoke, and Walmart will shoulder some of the tariffs.
The "90-day moratorium period" is halfway through in a blink of an eye: Where are the tariff negotiations between the United States and traditional allies stalled?
After the Trump administration launched a reciprocal tariff "offensive" on April 2, imposing tariffs on nearly all U.S. imports, the United States has drawn up 18 key trade negotiation targets. However, now, the "90-day" tariff suspension period is approaching halfway, but except for the fast-reached trade agreement framework with Britain and the recent tariff pullback/retracement with China, no other negotiations of the Trump administration have made "breakthrough progress" that can alleviate high tariffs.
Bad Raid! US Debt Exchange Double Kill! Moody's downgrades U.S. credit rating
After Moody's downgraded the U.S. sovereign credit rating by one level from AAA to Aa1, the U.S. debt market plunged again. Industry insiders pointed out that in early April, the so-called "reciprocal tariff" launched by the United States led to the three kills of U.S. stocks and bonds, and global investors began to question the credit of U.S. bonds. After Moody's downgraded the U.S. sovereign credit rating, it will aggravate the market's worries about U.S. debt.
Company News
AppleAI can't wait for the "iPhone moment": exposure of internal differences between executives "new Siri" or jump tickets again
In an in-depth report on Apple's AI strategy, tech journalist Mark Gurman details the many strategic missteps of Apple's Intelligence project. Apple is unlikely to spend a lot of time talking about Siri at this year's WWDC, according to Gurman, which includes future upgrades and features already announced (but later delayed) at last year's WWDC.
Buffett no longer answers questions at next year's shareholder meeting, leaving the stage to his successor
According to media reports,BerkshireWarren Buffett, founder and chairman of Hathaway Inc. and "stock god", will sit off the stage at next year's shareholder meeting and no longer take the stage to answer questions as he has in previous years — a major change after his recent retirement announcement.
