Power
Chart: Top US imports from China
(Sherwood News)

America’s trade deficit with China in four charts

Today, the US imports almost three times as much from China as they do from us.

Jon Keegan
4/10/25 11:12AM

A full-on trade war has broken out between the US and China. President Trump has now slapped 145% tariffs on most Chinese imports. Meanwhile, China announced that it would increase the 34% tariffs it had in place on US imports to 84%.

How did this all start? Trump has been fixated on America’s trade deficit with trading partners around the world, but especially with China.

When you look at the numbers behind US trade with China... it is quite lopsided.

Today, the US imports almost three times as much from China as they do from us. In 2024, China imported $143.5 billion worth of goods from the US, but the US imported $438.9 billion worth.

When you take US exports to China and subtract US imports from China, you get the trade balance — or deficit, in this case.

But let’s dig into these numbers a bit more to see what they represent.

Read more:

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Max Knoblauch
1h

The DOJ is suing Uber, alleging the company discriminates against passengers with disabilities

The Department of Justice has filed a lawsuit against Uber on Thursday, alleging that the company routinely and illegally discriminates against passengers with physical disabilities.

The lawsuit, filed in federal court in San Francisco, alleges that Uber’s drivers regularly refuse service to passengers with service animals and stowable wheelchairs. Some passengers are charged cleaning fees for service animals and cancellation fees after being refused a ride, the lawsuit alleges. According to the complaint, others are insulted or denied requests like sitting in the front seat due to mobility issues.

"Uber's discriminatory conduct has caused significant economic, emotional, and physical harm to individuals with disabilities," the lawsuit reads.

A survey by the organization Guide Dogs for the Blind last year found that more than 83% of people who are blind or visually impaired said they’ve been denied rideshare service.

In a statement to Bloomberg, Uber disagreed with the lawsuit, saying it has a “zero-tolerance policy for confirmed service denials.”

power
Jon Keegan
9/9/25

Draft Senate bill gives AI companies a two-year pass on federal regulation, Bloomberg reports

Bloomberg reports that a draft bill from Senator Ted Cruz would give AI companies a two-year pass from any federal regulation when they apply to be part of a White House-controlled “regulatory sandbox.” Such a regulatory framework frees participating companies from federal agency oversight while simultaneously handing President Trump broad powers to shape a still nascent and increasingly powerful industry.

The draft bill allows companies approved for the waiver to request renewals for up to eight years, according to the report.

The fast-moving generative-AI boom that took the tech world by storm was kicked off by the release of OpenAI’s ChatGPT less than three years ago. A potential decade free of federal regulations would be a huge win for companies like Meta, Google, OpenAI, and Amazon.

In July, the US Senate voted 99-1 to kill a planned provision from President Trump’s massive tax bill that would have prevented any state from regulating AI for 10 years.

Draft Senate Bill Waives Federal Rules on AI Companies During Testing

Draft Senate Bill Waives Federal Rules on AI Companies During Testing

The fast-moving generative-AI boom that took the tech world by storm was kicked off by the release of OpenAI’s ChatGPT less than three years ago. A potential decade free of federal regulations would be a huge win for companies like Meta, Google, OpenAI, and Amazon.

In July, the US Senate voted 99-1 to kill a planned provision from President Trump’s massive tax bill that would have prevented any state from regulating AI for 10 years.

Rani Molla
9/2/25
Google soars on court ruling that doesn’t force the search giant to sell Chrome

Google has $26 billion in deals with companies like Samsung and Apple.

Google sign
Max Knoblauch
8/21/25
Hertz falls, erasing its Amazon bump, as Congress looks into its AI damage scanners

Hertz shares are trading down more than 5% on Thursday.

Hertz In San Diego
power
Max Knoblauch
8/20/25

Airbus faces a 10-day strike from UK workers, mirroring Boeing’s labor strife

Thousands of UK union Airbus workers plan to strike for 10 days in September amid a contract dispute.

The union workers build wings for Airbus’ commercial jets, threatening a production slowdown for the European plane maker.

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

Airbus UK workers to strike for 10 days over pay

Airbus UK workers to strike for 10 days over pay

As Airbus’ labor tension builds, rival Boeing’s has already boiled over: earlier this month, more than 3,000 Boeing workers who build military aircraft started a strike that remains ongoing. The action came less than a year after the company faced a two-month stoppage from a machinist strike.

Airbus, for now, says it doesn’t see the strikes affecting full-year deliveries.

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