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Tariff Costs Put New Pressure on U.S. Corporate Profits

Rising tariff expenses are beginning to weigh heavily on U.S. companies, prompting executives across multiple industries to warn that profit margins may tighten in the months ahead. Many firms had initially suggested they could manage the added costs through efficiency improvements or selective price increases, but that confidence is fading as import-related expenses continue to climb. Companies that rely on global supply chains are feeling the strain most acutely. Higher costs on imported materials and components are forcing difficult decisions: pass the increases on to consumers, risking weaker demand, or absorb the costs internally, which directly erodes profitability. For many businesses, neither option is attractive. Consumer-facing brands are finding it especially challenging to raise prices further, as shoppers show growing sensitivity to even modest increases. This resistance limits the ability of firms to offset tariff-driven expenses, creating a squeeze that is beginning t...
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Elon Musk's Pentagon Visit Sparks Controversy Over Leaks

Billionaire entrepreneur Elon Musk recently held a high-profile meeting at the Pentagon, marking an unprecedented step in his involvement with U.S. government affairs. The meeting, which lasted 80 minutes, was with U.S. Defense Secretary Pete Hegseth and focused on innovation and efficiency in government operations. Musk, whose companies like SpaceX and Tesla have significant Defense Department contracts, emphasized his commitment to supporting government initiatives.

However, the visit was overshadowed by controversy. Reports surfaced suggesting Musk might be briefed on sensitive U.S. military plans regarding potential conflicts with China. Both Musk and President Donald Trump vehemently denied these claims, labeling them as "pure propaganda." Musk took to social media to call for the prosecution of Pentagon officials allegedly leaking "maliciously false information" about his visit.

The meeting has raised questions about potential conflicts of interest, given Musk's extensive business ties in China. Critics, including Democratic senators, have demanded transparency regarding the information shared during the meeting. Despite the backlash, Musk expressed his willingness to assist in achieving "good outcomes" for government projects.

The incident highlights the complexities of balancing private sector innovation with national security concerns, especially when high-profile figures like Musk are involved.

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