SERETIS NOTES

  China issued a warning on Tuesday night that it stands ready for any "type of war" with the United States in the   aftermath of tariffs   imposed hours earlier by the Trump administration. A spokesperson for the Chinese foreign ministry said the tariffs would not lead to a resolution of U.S. concerns about fentanyl originating in China.

  The   Social Security Administration   has identified $800 million in cost savings for fiscal 2025. The savings come from the SSA reevaluating contracts and grants, payroll, information technology, consolidating office space, and making policy changes to travel and printing. “For too long, SSA has operated on autopilot,” acting SSA Commissioner Lee Dudek said in a statement. “We have spent billions annually doing the same things the same way, leading to bureaucratic stagnation, inefficiency, and a lack of meaningful service improvements. It is time to change just that.”

  CAPE CANAVERAL, Fla. (AP) — NASA’s   two stuck astronauts   are just a few weeks away from finally returning to Earth after nine months in space. Butch Wilmore and Suni Williams  have to wait until their  replacements  arrive at the  International Space Station  next week before they can check out later this month.

Instead of giving $$$ billions in corporate welfare and $$$$ trillions in so called stimulus that go in the wrong hands, why not give $1 million dollars to each American. There are 365 million people living here. It would be much cheaper than all the other plans our government has.  This would be a one shot deal and what a way to trickle up the economy.

  The Philippines has arrested three people on suspicion of espionage after they were caught with intelligence related to military installations and other sensitive sites, allegedly collected from a vehicle. Newsweek  contacted the Chinese foreign ministry and the Philippine National Bureau of Investigation (NBI) with emailed requests for comment.

  Defence Secretary John Healey has put Vladimir Putin -  whose economy is faltering with huge inflation  - on notice with a firm: "we see you" after a Russian naval vessel known for mapping key underwater infrastructure briefly skirted UK waters. Aiming squarely at the Kremlin commander -  who is apparently 'eyeing up' a NATO nation  - he declared: "We see you, we know what you are doing, and we will not shy away from robust action to protect this country."

  Incoming President Donald Trump   said   he will establish an External Revenue Service to collect tariffs, duties and all revenue that comes from foreign sources. Taxing foreign countries for their trade with the U.S. is a major shift from the last century when the U.S. focused on taxing its own citizens via the Internal Revenue Service. Trump made the announcement on his social media platform Truth Social on Tuesday.