close video Morgan_Chang The U.S. has known for decades that China has been stealing its intellectual property, and even Trumps 25% tariffs under his first term could not stop it, prompting bolder action this time around, according to Gatestone Institute fellow Gordon Chang. From favored trade status to forced technology transfers, Beijing leveraged American goodwill,
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close video FOX Business Flash top headlines for April 17 Check out what’s clicking on FoxBusiness.com. The multinational logistics company DHL Express said it would suspend global shipments worth more than $800 to American consumers, including from Hong Kong, due to U.S. customs regulatory changes. DHL, which is headquartered in Germany, said the suspension of
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close video Pressure from Shein, Temu contributing to retail closure accelerations Coresight Research estimates there will be another wave of retail closures in 2025 as legacy companies face relentless competition. China-founded e-commerce sites Temu and Shein, which offer goods at an extreme bargain, have announced plans to raise prices for American consumers starting next week.
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close video Health expert applauds Trump’s executive order on prescription drug prices: ‘Big step forward’ National Institutes of Health Director Dr. Jay Bhattacharya discusses President Donald Trump’s actions to lower prescription drug prices and his priorities for the agency. Billionaire entrepreneur Mark Cuban on Wednesday expressed support for President Donald Trump's executive order on healthcare and
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close video McDonald’s beating earnings and revenue estimates a ‘good indicator’ for economy, expert says MJP Wealth Advisors president Brian Vendig and ‘Payne Points of Wealth’ podcast host Ryan Payne discuss Big Tech reporting and key earnings and revenue estimates for McDonald’s. McDonald’s on Tuesday teased customers about when to expect snack wraps back on
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The Trump administration is weighing penalties that would block China’s DeepSeek from buying U.S. technology and is debating barring Americans’ access to its services, the New York Times reported on Wednesday. The launch of China’s low-cost AI model,DeepSeek, has rattled the AI ecosystem. The U.S. government has since taken steps to crack down on the Chinese start-up and its
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OpenAI is in discussions to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The deal would be OpenAI’s largest to date, the terms of which have not yet been finalized, the report said, adding the talks could change or fall apart. OpenAI declined to comment, while Windsurf, formerly
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