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The Trump administration exempted electronics from global tariffs, impacting Chinese exports significantly. This decision, while seen by China as a small step, is part of Trump's larger plan to reshore supply chains. Meanwhile, Meta faces its biggest legal challenge yet, an FTC antitrust lawsuit alleging anti-competitive practices in acquiring Instagram and WhatsApp. The trial, expected to last two months, could result in the breakup of Meta's subsidiaries. Elsewhere, El Salvador's President Bukele met with Trump, potentially discussing a deal to house US prisoners in El Salvador, raising human rights concerns.

Prepared by Christopher Adams and reviewed by editorial team.