Trump moves closer to semiconductor tariffs, floats pause on auto duties
US president says he is looking at offering relief to automakers as they adjust their supply chains.
Category Archives: Economy
Nvidia commits to $500bn AI server production in the US
The chipmaker is the latest tech firm to announce plans to bring jobs to the United States.
Can China use US debt in its tariff war against Trump?
China is the second largest holder of US debt and could, theoretically, dump it to devalue the dollar.
US consumer sentiment tumbles as trade war fears grow
Expectations of rising unemployment hit the highest level since 2009.
Did Donald Trump impose ‘the largest tax hike in our lifetime’?
Tariffs act as a tax on imports, raising prices for consumers. They might be the highest since 1951.
Trump’s tariffs in Asia “much more draconian” than expected
Tariffs
US stock market sinks lower after wild swings over Trump’s tariff plans
President Trump threatens additional 50 percent tariff on China, as Beijing pledges to fight trade salvoes 'to the end'.
Global markets in freefall as Trump digs in on tariff ‘medicine’
US president brushes off market turmoil as panicked investors extend massive sell-off.
‘Worse than worst-case scenario’: Trump’s tariffs send markets reeling
Scale of US president's tariff plans takes investors by surprise, sending stock markets tumbling.
Are US car plants being built at record rates, as Trump claims?
Trump claimed auto plant growth, but evidence shows reallocations at existing facilities rather than new constructions.
Nintendo set to unveil Switch 2, follow-up to megahit game console
Japanese gaming giant expected to reveal release date, price and other key details in live presentation on Wednesday.
As the US and China lock horns, Malaysia hopes to harness an AI revolution
The Southeast Asian country is betting big on tech as it sits out the rivalry between Washington and Beijing.
Trump announces 25 percent tariffs on cars, ramping up trade war
US president's announcement prompts swift backlash from trading partners, including the European Union, Canada and Japan
Meta to test ‘Community Notes’ using algorithm from Elon Musk’s X
Tech giant says it expects new feature to be 'less biased' than previous third-party fact-checking program.
US stock market tumbles again as Trump threatens tariffs on wine
Benchmark S&P 500 falls 1.39 percent, dragging index more than 10 percent below its February peak.
‘Bloodbath’: US stock market sheds $1.75tn after Trump’s recession remarks
Tech-heavy Nasdaq 100 plunges 3.81 percent, its steepest single-day loss since September 2022.
Next Canadian PM may go for the “jugular” when negotiating with Trump
Mark Carney
Trump hits Canada, Mexico, China with high tariffs as trade war intensifies
New 25 percent tariffs on Mexico, Canada imports take effect along with doubling of duties on China goods to 20 percent.
Trump names 5 cryptocurrencies for national reserve, sending prices soaring
US president says Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in 'Crypto Strategic Reserve'.
As Trump vows ‘no exceptions’ to tariffs, US allies hope to change his mind
Japan, South Korea and Australia are lobbying the mercurial US president for exemptions on tariffs.