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US to begin review of tariffs on $300 billion of China imports

  Bloomberg President Joe Biden’s administration will soon start a review of the first group of tariffs on more than $300 billion in Chinese imports needed to prevent their expiration, a process likely to bring new scrutiny of their effectiveness as inflation runs at a four-decade high. The evaluation, officially known as a “review of necessity,” so far has attracted ...

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Musk to send more Starlink terminals to Ukraine, Zelenskiy Says

  Bloomberg Ukraine’s President Volodymyr Zelenskiy said Elon Musk promised the country another batch of Starlink satellite terminals to help keep internet communication working as the country fights Russia’s invasion. In a Twitter post, Zelenskiy said he spoke with Musk, the CEO of Tesla Inc. and SpaceX, and another delivery of Starlink systems will arrive next week “for destroyed cities.” ...

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Visa, Mastercard suspend their operations in Russia

  Bloomberg Visa Inc. and Mastercard Inc. are suspending their operations in Russia, a coordinated attempt that threatens to further isolate the economy from the international community following President Vladimir Putin’s decision to invade Ukraine. In separate statements that arrived within minutes of each other, Visa cited “Russia’s unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed,” ...

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