Tariffs on Steel Imports

Sen. Chris Coons argues that tariffs on dirty steel from China and Russia could level the playing field, but they should be used sparingly on close partners and allies. He promotes a bill with Sen. Kevin Cramer to study and prove that U.S. industrial products are cleaner than competitors. Coons believes that tariffs on dirty steel could benefit American markets but may lead to price increases if imposed on a long-term basis.

Elon Musk's X Platform and Access to Competitors' Information

Elon Musk's social media platform X is launching a digital wallet and peer-to-peer payment services. Musk's associates have gained access to confidential information about X's competitors through the CFPB. The White House and Musk representatives did not respond to requests for comment.

McDonald’s launching $5 value meal deal

McDonald’s is launching a $5 meal deal to attract customers and win the value war against competitors. The promotion aims to dispel the notion that McDonald’s has become too expensive by offering a bundle with a sandwich, fries, chicken nuggets, and a drink. The company’s rivals have also introduced their own value deals in response.

Antitrust Lawsuit Against Apple

The Department of Justice sued Apple for anti-competitive practices, claiming its iPhone ecosystem is a monopoly that harms consumers and competitors. The lawsuit could force changes in Apple's most valuable businesses.