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President’s tactics break with predecessors’ to extract concessions, but issues with China remain unresolved

President Trump claimed a multi-front victory last week in his bid to reshape U.S. trade policy, extracting fresh commercial concessions from Mexico and China while stripping the World Trade Organization of its powers to restrain the tactics he used to secure them.

A revamped North American trade deal nearing passage in Congress gives both the White House and Democrats a chance to claim victory and offers farmers and businesses clearer rules governing the vast flow of goods among the United States, Canada and Mexico.

But the pact leaves at least one surprising loser: the pharmaceutical industry, a near-invincible lobbying powerhouse in Washington

The U.S. Securities and Exchange Commission’s official account on X, formerly known as Twitter, was compromised on Tuesday and published an unauthorized post that the agency had approved the launch of exchange-traded funds investing directly in bitcoin.

But in fact, the agency has not approved any spot bitcoin ETFs, and the earlier post, now deleted, was sent by an unauthorized user,

The company also warned of sluggish production in 2024. Shares of Tesla plummeted more than 10% in afternoon trading on Thursday, less than 24 hours after the company reported earnings that fell short of expectations and cautioned of sluggish sales over the duration of this year. Revenue and profits missed analyst expectations over the three months ending in December, according to the earnings