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Trump’s showdown with China deepens​
The president is heading into another volatile week of his trade wars that could inflict deep damage on US economy China’s Xi heads to Southeast Asia to strengthen ties as Trump focuses his trade war on Beijing US stock futures rise amid temporary tariff exemptions Tariff uncertainty engulfs annual trade show in Hong Kong Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game Trump says free trade killed American auto jobs. That’s not the whole story Tesla stops taking new orders in China for two imported, US-made models
Sony is increasing the price of the PlayStation 5​
Sony is increasing the price of the PlayStation 5 in select markets in Europe, Middle East and Africa (EMEA), Australia, and New Zealand, the company announced Sunday. The PlayStation parent cited “challenging economic environment” as the reason for the price hike of its console. No price increase has been announced for the Indian market for now. The decision comes after US president Donald Trump imposed widespread tariffs on the country’s imports, that is expected to impact prices of gaming consoles globally.