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PRESS DIGEST- New York Times business news - Jan. 22

ReutersJan 22, 2025 7:22 AM

- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. President Donald Trump said on Tuesday that he intended to impose a 10% tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the world's largest economies.

- CapCut, a popular video-editing app owned by Chinese Giant ByteDance, came back online in the United States on Tuesday after going dark over the weekend.

- Fox News was the most-watched TV network during President Donald Trump's inauguration on Monday, 34.4 million people tuned in live to watch Trump's lunchtime swearing-in on the major TV networks, according to statistics from Nielsen.

- Republican U.S. President Donald Trump signed an order halt all leasing of federal lands and waters for new wind farms pending a fresh government review of the industry.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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