How Trump’s Tariffs Upended a Hub of Denim Manufacturing

The recent tariffs imposed by President Donald Trump have sent shockwaves through one of the world's poorest countries, significantly impacting its textile industry and worsening unemployment rates. This situation is crucial as it highlights the broader implications of trade policies on vulnerable economies, raising concerns about the livelihoods of those dependent on this sector.

This week, Arizona State University President Michael Crow discusses the transformative impact of AI on education, highlighting how it enhances learning and teaching methods. Industry leaders from Waabi, Penske, and the Port of Los Angeles share insights on how AI can optimize supply chains. Meanwhile, Lesotho faces significant challenges due to US tariffs and the end of AGOA, affecting its textile sector. This situation raises questions about how this small African economy can adapt. Additionally, the article touches on the trend of billion-dollar startups delaying their IPOs, reflecting broader market dynamics.

Former President Donald Trump is set to headline the ASEAN summit, bringing significant attention to the region's diplomatic efforts. This summit is particularly important as Thailand and Cambodia are expected to sign a ceasefire deal, which could pave the way for improved relations and stability in Southeast Asia. The outcome of these discussions could have lasting impacts on regional security and cooperation.

President Donald Trump made a lively entrance in Malaysia for the ASEAN summit, greeting officials with enthusiasm and even dancing. This visit is significant as it highlights the importance of U.S. engagement in Southeast Asia, fostering relationships and cooperation among nations in the region.

President Donald Trump's arrival in Malaysia marks a significant moment for ASEAN relations, as he is welcomed by Malaysian Prime Minister Anwar Ibrahim. This visit highlights the importance of diplomatic ties in the region and sets the stage for discussions on various collaborative efforts.

The US Department of Agriculture has announced that no food aid benefits will be issued next month, which is concerning for many families relying on this support. This decision could lead to increased food insecurity for vulnerable populations, highlighting the ongoing challenges in addressing hunger in the country.

President Trump has announced a 10% increase in tariffs on Canada, a move sparked by a controversial advertisement from Ontario that quotes former President Reagan criticizing import levies. This decision highlights ongoing tensions between the U.S. and Canada and raises concerns about the potential impact on trade relations and the economy. As tariffs can lead to higher prices for consumers and strain diplomatic ties, this development is significant for both countries.

U.S. stocks are hitting record highs, but what's even more exciting is that international equities are set to outperform the S&P 500 by the largest margin since 2009. This trend highlights a growing global market recovery, suggesting that investors might find better opportunities outside the U.S. It’s a significant moment for those looking to diversify their portfolios and capitalize on international growth.