Latest news with #buckle
Yahoo
14-05-2025
- Entertainment
- Yahoo
Halle Bailey Requests Sole Custody of Son After DDG's Alleged Attacks
Originally appeared on E! Online Warning: This story discusses allegations of domestic violence and emotional abuse. Halle Bailey has taken steps to protect her son Halo. In addition to the temporary domestic violence restraining order she was granted against her ex DDG (real name Daryl Dwayne Granberry Jr.) on May 13, the Little Mermaid actress was also given sole physical and legal custody of the pair's 16-month-old until a June 4 court hearing, according to documents obtained by E! News. She has requested to have full legal and physical custody of their son moving forward. Given the temporary court order, DDG must keep at least 100 yards away from both Halle and Halo, including her home and vehicle, and is also barred from personally contacting the Color Purple actress. Additionally, the 'Moonwalking in Calabasas' rapper is not allowed any visitation with Halo until 'further order of the court.' Halle—whose relationship with DDG ended in October after two years of dating—was also granted an order to prevent child abduction due to the 'Impatient' rapper's alleged history of physically and verbally abusing her, taking Halo without her permission and not cooperating with co-parenting. Due to the approved order, DDG 'must not apply for passports or other documents that can be used for travel.' More from E! Online Sean "Diddy" Combs Trial: Cassie Ventura Says Period Blood, Urine Were Involved in "Freak Offs" Sean "Diddy" Combs' Daughters Chance, D'Lila and Jessie Combs Walk Out of Courtroom During Testimony Who Is Cassie Ventura's Husband? Get to Know Alex Fine Amid Sean "Diddy" Combs' Sex Trafficking Trial E! News has reached out to DDG's rep for comment and has not yet heard back. In Halle's restraining order and custody request, she described multiple alleged altercations with DDG. In one alleged dispute from January, she said she was helping to buckle Halo into the 'I'm Geekin' rapper's car when he slammed her face against the steering wheel, leaving her with bruises on her arm and a chipped tooth, according to the docs, which included photos of the injuries. 'I then stopped fighting back as I was in a lot of pain,' she wrote in the order, adding elsewhere, 'Darryl lacks an understanding of how his actions impact Halo. He is often verbally abusive towards me in front of Halo.' In other altercations, Halle detailed receiving a 'threatening text' from DDG in March after he allegedly entered her home while she wasn't there. Days later, he allegedly locked the actress out of her house, stole her phone and drove away before throwing it out of his car window. Halle and DDG are set to appear in court on June 4. Until then, read on to look back through their two-year relationship. June 2022: Red Carpet Debut at the BET AwardsAugust 2022: Variety Power of Young Hollywood EventSeptember 2022: Roger Vivier Event in ParisOctober 2022: Wearable Art GalaDecember 2022: Avatar 2 PremiereJanuary 2023: Atlantis, the Royal Event in DubaiFebruary 2023: Milan Fashion WeekFebruary 2023: Creed III PremiereMarch 2023: Vanity Fair Oscars PartyOctober 2023: Glamour Women of the Year AwardsNovember 2023: Beyoncé's Renaissance Film PremiereDecember 2023: L.A. Clippers vs. Golden State Warriors GameJanuary 2024: Introducing Son Halo, Their First Child TogetherOctober 2024: DDG Announces Breakup on Instagram For the latest breaking news updates, click here to download the E! News App
New York Times
24-04-2025
- Business
- New York Times
Has Trump's Tariff Fight Passed Its Peak?
Bulls see a Trump pivot coming On earnings calls and in public appearances, business leaders have found their voice against President Trump's trade war. Even Elon Musk isn't holding back. They join restive investors who — as shown by market rallies after every seeming backtrack on tariffs — are growing more convinced that the White House will ease off its protectionist trade threats rather than risk a big blow to the economy and Americans' stock portfolios. The latest: The global relief rally lost some steam on Thursday morning. But a belief that a tariff walk back is coming has gathered strength. Stocks rallied around the world on Wednesday, helped by a report by The Financial Times that Trump may buckle on some auto tariffs, and one in The Wall Street Journal that duties on Chinese goods could be cut drastically. (That said, Treasury Secretary Scott Bessent sought to temper expectations on how far the administration would go.) Speaking of relief, Jay Powell, the Fed chair whom Trump has repeatedly attacked for not lowering interest rates fast enough, has powerful advocates in the administration. They include Bessent and Commerce Secretary Howard Lutnick, who helped persuade Trump not to try to fire Powell, avoiding further market turmoil and a protracted legal fight, The Journal reports. Want all of The Times? Subscribe.
Yahoo
10-04-2025
- Business
- Yahoo
China on increased Trump tariffs: US must show ‘respect' for any talks
Leaders in Beijing say they will not buckle under President Trump's heightened tariffs on Chinese imports, signaling a willingness to escalate the trade war if potential negotiations are not done with 'respect.' The Trump administration issued a 90-day pause on tariffs for most foreign trading partners on Wednesday, with the exception of China. Instead, Trump criticized the Chinese government for imposing retaliatory measures on the U.S. after the White House's latest tariffs went into effect. In return, the president increased import taxes on China to 125 percent. Despite vowing to keep up the fight, China's Foreign Ministry on Thursday said the country is open to talks to mitigate the tariffs but noted that any negotiations must be done with a manner of 'respect' for both parties. 'If the U.S. side really wants to talk it should show an attitude of equality, respect and reciprocity,' ministry spokesperson Lin Jian said at his daily press briefing, according to a translation from Reuters. Last week, Trump unveiled his 'Liberation Day' tariffs on most foreign trading partners, imposing a 10 percent baseline tax on imported goods paired with higher reciprocal taxes for many countries. Beijing was slapped with an additional 34 percent tariff on goods imported into the U.S., bringing the total at the time up to 54 percent. After the Chinese Ministry of Commerce issued a reciprocal 34 percent tax on U.S. goods, the Trump administration levied an additional 50 percent import tax on the nation — raising the tariffs to 104 percent. China responded in kind with 50 percent retaliatory measures, increasing the duties on American-made goods to 84 percent. The back-and-forth actions led to Trump's decision to issue other trading partners a 3-month reprieve to encourage negotiation, notably leaving China out of the deal. 'If the United States ignores the interest of the two countries and the international community and insists on fighting a tariff war and a trade war, China will certainly accompany it to the end,' Jin said Thursday. China has turned to the European Union with hopes of expanding their trade partnership with the 27 member countries, as challenges persist between the two largest economies in the world. 'China is willing to work with the EU to jointly implement the important consensus reached by the leaders of China and the EU, strengthen communication and exchanges, and deepen China-EU trade, investment and industrial cooperation,' the Xinhua News Agency reported. This came before the European Commission announced on Thursday that it too would halt countermeasures on the U.S. for 90 days, opening up the door for compromise. Meanwhile, Mao Ning, the spokesperson for the Ministry of Foreign Affairs poked fun at Trump's uptick in trade taxes on a nation responsible for producing some of his 'Make America Great Again (MAGA)' gear. On Thursday, Ning posted a cluster of MAGA hats on social platform X with tags that read 'Made in China' in addition to a sales tag that featured a $27 price hike. Shortly before that post, she shared a video of Mao Zendong, who founded the People's Republic of China, railing against former Presidents Truman and Eisenhower during the Korean War. 'We are Chinese. We are not afraid of provocations. We don't back down,' Ning wrote in the caption drawing from the country's history of resistance. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Hill
10-04-2025
- Business
- The Hill
China on increased Trump tariffs: US must show ‘respect' for any talks
Leaders in Beijing say they will not buckle under President Trump's heightened tariffs on Chinese imports, signaling a willingness to escalate the trade war if potential negotiations are not done with 'respect.' The Trump administration issued a 90-day pause on tariffs for most foreign trading partners on Wednesday, with the exception of China. Instead, Trump criticized the Chinese government for imposing retaliatory measures on the U.S. after the White House's latest tariffs went into effect. In return, the president increased import taxes on China to 125 percent. Despite vowing to keep up the fight, China's Foreign Ministry on Thursday said the country is open to talks to mitigate the tariffs but noted that any negotiations must be done with a manner of 'respect' for both parties. 'If the U.S. side really wants to talk it should show an attitude of equality, respect and reciprocity,' ministry spokesperson Lin Jian said at his daily press briefing, according to a translation from Reuters. Last week, Trump unveiled his 'Liberation Day' tariffs on most foreign trading partners, imposing a 10 percent baseline tax on imported goods paired with higher reciprocal taxes for many countries. Beijing was slapped with an additional 34 percent tariff on goods imported into the U.S., bringing the total at the time up to 54 percent. After the Chinese Ministry of Commerce issued a reciprocal 34 percent tax on U.S. goods, the Trump administration levied an additional 50 percent import tax on the nation — raising the tariffs to 104 percent. China responded in kind with 50 percent retaliatory measures, increasing the duties on American-made goods to 84 percent. The back-and-forth actions led to Trump's decision to issue other trading partners a 3-month reprieve to encourage negotiation, notably leaving China out of the deal. 'If the United States ignores the interest of the two countries and the international community and insists on fighting a tariff war and a trade war, China will certainly accompany it to the end,' Jin said Thursday. China has turned to the European Union with hopes of expanding their trade partnership with the 27 member countries, as challenges persist between the two largest economies in the world. 'China is willing to work with the EU to jointly implement the important consensus reached by the leaders of China and the EU, strengthen communication and exchanges, and deepen China-EU trade, investment and industrial cooperation,' the Xinhua News Agency reported. This came before the European Commission announced on Thursday that it too would halt countermeasures on the U.S. for 90 days, opening up the door for compromise. Meanwhile, Mao Ning, the spokesperson for the Ministry of Foreign Affairs poked fun at Trump's uptick in trade taxes on a nation responsible for producing some of his 'Make America Great Again (MAGA)' gear. On Thursday, Ning posted a cluster of MAGA hats on social platform X with tags that read 'Made in China' in addition to a sales tag that featured a $27 price hike. Shortly before that post, she shared a video of Mao Zendong, who founded the People's Republic of China, railing against former Presidents Truman and Eisenhower during the Korean War. 'We are Chinese. We are not afraid of provocations. We don't back down,' Ning wrote in the caption drawing from the country's history of resistance.
Yahoo
15-03-2025
- Business
- Yahoo
Why China's stock market is roaring after investors fled in 2024
China's stock market is suddenly surging after a tough time in 2024. A pro-tech shift from Beijing is spurring confidence in markets. While economic challenges persist, sources say the government is correcting course. China looks investible again. The country's stocks are rallying, countering the notion that investors should avoid the world's second-biggest economy. Though many on Wall Street have been bearish on China since 2023, its stock market is suddenly looking good relative to flagging US peers. Just a year ago, investors fled China in droves as they lost faith in its post-pandemic economy, and the exodus quickly back an ongoing problem for Beijing. Amid fear that China would buckle from deflation, unemployment, or its high debt environment, foreign direct investment last year hit its lowest level since 1992. The CSI 300 Index, a benchmark of mainland shares, dropped over 45% from a 2021 peak to the end of last year. But now, while US stock leaders have suffered big declines since mid-February, Chinese large-caps have achieved their best annual start since 2002. While the S&P 500 is down almost 10% from its February all-time high, the CSI 300 has topped a mid-December high and is up about 5% year-to-date. The moves are causing analysts to start paying attention. Citi recently upgraded China stocks to "Overweight," while dropping its view of US stocks to "Neutral." Meanwhile, Bank of America has said that the country will outperform this year, predicting that the previously "unloved" tech stocks will gain ground on sagging US peers. Before this year, many were skeptical about China's tech environment, which was weighed down by disapproval from Beijing officials. Since 2020, many of the nation's leading tech names have been caught in a regulatory "crackdown," making investors hesitant to put money to work. But the government's changing approach toward the industry has been on full display in the past month, starting with President Xi Jinping's supportive remarks at a top tech symposium in February. Pro-business undertones continued in this week's "two sessions," a set of concurrent policy meetings that outline the country's economic goals. Ben Harburg, founder of Core Values Alpha, cited Beijing's recent embrace of its tech sector as one of several catalysts behind his firm's upside thesis. Eighteen months ago, his company created the CoreValues Alpha Greater China Growth ETF on the idea that investors have become too pessimistic about China's economy and its tech sector. "[Beijing] very clearly said: 'Our national growth will be driven by technology,'" Harburg told Business Insider. "So it is unequivocal now they will lean in on technology, they will be supportive of technology, will do everything in their power to stimulate, subsidize, de-regulate — whatever is necessary to help technology kind of win." That's an alluring notion for stocks beaten down by an anti-tech narrative in recent years. As of late February, Chinese equities were trading at around a 50% discount compared to the US market. But the perceptions of China's negative view of the space might have been exagerrated, Harburg noted. "I don't think the Chinese government was ever an anti-tech as we were led to believe," he said, adding: "The world perceives it very differently, because [regulation] happens without any warning, and it and it kind of like just shocks people and throws them off." The crackdown narrative has given Chinese equities room to run higher this year, as it's helped lower valuations which are now moving upward. But it also helped catch US investors by surprise. Starting with China's DeepSeek tool, a flurry of competitive Chinese AI tools have debuted this year, upending confidence in America's leadership in the space and sparking a reevaluation of Beijing's market, Harburg said. As the AI trade has waned in the US this year, China's AI-linked stocks have soared on the back of the latest announcements. "Clearly, China is much further along than we were told," Harburg said. There are still challenges though, and, so far, Beijing's focus on tech is only a sentiment shift, said Tianlei Huang, a researcher for the Peterson Institute for International Economics. While positive signals were given, this remains a symbolic gesture without new policies. China's private sector—including tech— continues to face the same challenges that have pushed investors away since COVID, while confidence among entrepreneurs and consumers is at post-pandemic lows "The reaction in the stock market to this [tech] symposium is, I think, actually a very sad thing," he said. "Nothing in substance has really changed in terms of policy, regulations, right? It's just an attitude change." Many of the broader issues that have plagued China's economy are still in play. That includes a highly indebted real-estate sector and downbeat consumers, creating a deflationary environment from which investors have fled since 2023. But Beijing might finally be waking up to this as well. Over the past year, many of its stimulus measures have fallen short as they failed to target domestic consumers, which analysts agree are the linchpin to growth. Yet, during the two sessions, there was a new-found emphasis on domestic demand and private consumption. By Friday, stocks rose as the government urged financial lenders to ease loan terms for consumer borrowers. The shift toward domestic growth comes as China realizes it cannot reach this year's 5% GDP target by depending on trade, Huang said. This was the case last year, as net exports accounted for 30% of GDP. It's not a sustainable number, and it's largely driven by product stockpiling from buyers worried about Washington's trade war. It remains to be seen whether the 5% target is realistic, Huang said, though the sentiment shift is significant and should shape future policy. But Harburg sees things in a much brighter light. Aside from the positive mood in tech, he noted that investor fears about China haven not been realized. There's been no major real-estate crash and improvements are beginning to show in first-tier cities. "It doesn't happen for two years, three years, four years. And so the reality is, I think people are finally kind of fatigued with all of these stories that they were told," he said. Read the original article on Business Insider
