During China's annual legislative meeting, Xi Jinping emphasized the need for China to become a technological superpower despite economic challenges or a trade war with the United States, showcasing a strong commitment to advanced technologies.

The article discusses the impact of President Trump's tariffs on international markets, examining historical parallels to the Great Depression and expert opinions suggesting that while the tariffs could hurt the economy, they are unlikely to cause a depression on the scale of the 1930s.

Macy's reports slight sales improvement but anticipates a challenging year due to tariffs and inflation pressures, alongside ongoing store closures.

Donald Trump has granted an exemption from tariffs for automakers for one month. This decision follows lobbying efforts from major companies and comes amid ongoing trade tensions with Canada. The exemption aims to allow automakers time to plan investments in domestic production, while Trump maintains a hard stance with other countries involved in trade discussions.

In a speech to Congress, President Trump celebrated his disruptive policies without addressing the significant costs and consequences of those actions, leaving concerns among investors and allies.