Economy

The United States and China have reached a trade deal to lower tariffs on $30 billion worth of goods described as non-sensitive, following a meeting between President Trump and President Xi this week. The agreement is expected to reduce prices on consumer products such as small appliances, toys and holiday items, and markets are watching for official confirmation and further details.

Mistral AI chief executive Arthur Mensch argues that AI is fundamentally software and can therefore be controlled, according to an interview with Le Monde. The French start-up boss is pushing back against fears that advanced AI systems are unpredictable or beyond human oversight, framing the technology as an engineering discipline like any other that can be governed through proper design.

The United States is threatening to ban Iranian airlines from operating internationally starting Wednesday, according to Al Jazeera. The move would effectively ground Iranian carriers worldwide, and it is drawing attention amid already heightened tensions between Washington and Tehran over sanctions and regional security.

The Trump administration has moved to roll back fuel economy standards for cars that were put in place under President Biden. The change would loosen requirements on automakers to improve vehicle efficiency, a signature climate policy of the previous administration. The move is expected to draw criticism from environmental groups and praise from parts of the auto industry.

The United States is set to finalize vehicle fuel economy standards that are sharply lower than previously planned, according to a Reuters report. The rollback would ease requirements on automakers to improve mileage efficiency, a reversal of stricter rules pursued under earlier policy. The move is likely to draw criticism from environmental groups while being welcomed by parts of the auto industry.

The state of Texas is moving to expand its role in the space economy, according to a report from KXAN Austin. The item signals growing state-level involvement in commercial space activity, an area where Texas has been building a presence through launches, aerospace investment and industry partnerships. Details of specific programmes or funding were not immediately available.

Morningstar examines whether the AI boom is driving inflation and argues the picture is more complicated than headlines suggest. The analysis weighs AI's role in pushing up demand for energy, chips and data-center construction against countervailing factors like productivity gains and falling computing costs, concluding that AI's inflationary impact is real but limited and uneven across the economy.

President Trump announced new fuel economy standards that he says end the so-called 'EV mandate', rolling back requirements that pushed automakers toward electric vehicles. The move frames loosened efficiency rules as freeing consumers and manufacturers to choose gasoline-powered cars, a decision likely to reignite debate over climate policy and the future of the US auto industry.

President Trump is moving to lower federal fuel economy standards, rolling back efficiency requirements for cars and light trucks. The change would allow automakers to sell less fuel-efficient vehicles in the United States, reversing stricter rules adopted under previous administrations. Industry groups have long lobbied for weaker standards, while environmental advocates warn the move will increase gasoline consumption and emissions. Debate is expected ahead of the formal rulemaking process.

The Trump administration is preparing to reverse fuel economy standards for cars adopted under President Biden, according to Bloomberg. The move would loosen emissions and efficiency requirements imposed on automakers, easing compliance costs for manufacturers while drawing criticism from environmental groups who argue it will increase pollution and gasoline consumption. It marks the latest effort to unwind Biden-era climate and energy regulations.

The Trump administration is preparing to roll back fuel economy standards introduced under President Biden, loosening requirements that pushed automakers toward more fuel-efficient vehicles. The move would ease regulatory pressure on car manufacturers and marks a significant shift in US climate and energy policy, drawing attention from industry groups and environmental advocates alike.

A new poll suggests economic frustration is testing President Trump's standing with rural voters, a core part of his political base. The findings point to potential strain in the coalition that helped elect him, as concerns over prices, jobs and the cost of living weigh on support in rural areas. The poll is drawing attention from analysts watching whether economic discontent could erode his advantage with this key voting group.

President Trump says he has approved rolling back fuel economy standards introduced under the Biden administration, lowering required miles-per-gallon targets for new vehicles. Automakers and environmental groups are expected to clash over the change, which would ease efficiency requirements but could raise fuel consumption and emissions across the US vehicle fleet.

President Donald Trump says he has approved new fuel economy standards that end the Biden administration's electric vehicle mandate. The move rolls back requirements pushed under the previous administration to push automakers toward electric vehicles. Coverage from major outlets, including Reuters, highlights the policy reversal as a significant shift in US automotive and climate regulation, with implications for carmakers and the broader EV industry.

Donald Trump is planning to reverse fuel economy standards introduced under the Biden administration. The rollback would undo stricter efficiency requirements for cars and light trucks, easing pressure on automakers while likely drawing criticism from environmental groups. It fits a broader agenda of dismantling his predecessor's climate and energy regulations, and it is expected to face legal and political pushback.

An analysis from Venezuela-based outlet Venezuelanalysis takes stock of the Venezuelan economy, arguing that its condition reflects both US economic coercion and longstanding structural constraints. The piece examines how sanctions and domestic weaknesses together shape inflation, production and living standards. Discussion of the topic comes as Venezuela's economic outlook remains a recurring subject in regional news coverage.

President Trump has signed off on revised fuel economy standards, rolling back the Biden administration's push for electric vehicle adoption. The move eliminates the previous mandate that pushed automakers toward EV production, allowing greater flexibility on gasoline-powered vehicles. The decision affects major automakers including Ford and General Motors and is likely to reshape US auto industry investment and emissions policy.

A new publication examines the costs of running open-weight AI models for inference, comparing the economics of self-hosting open models against paid proprietary APIs. Discussion centers on when open-weight inference becomes cheaper, the infrastructure and operational overhead involved, and how pricing by major AI providers shapes the choice for developers and companies deploying large language models.

President Trump announced new fuel economy standards that his administration says will terminate what he calls the Biden-era electric vehicle mandate, declaring 'America is back' as part of the rollout. The move rolls back emissions and mileage requirements that pushed automakers toward EVs, a centerpiece of his effort to unwind his predecessor's climate and auto policies. Supporters hail cheaper cars and regulatory relief, while critics warn it undermines emissions goals and EV investment.

Florida congressman and gubernatorial candidate Byron Donalds said he would have participated in a debate with rival David Jolly at the Sunshine Economy Summit, a Florida economic policy event. The remark comes as Donalds and Jolly, the former Republican congressman now running as a Democrat, position themselves in the 2026 race for Florida governor. The comment frames Donalds as willing to face his rival directly, while raising questions about debate scheduling in the campaign.