US President Donald Trump has imposed a 25% tariff on certain AI chips, including Nvidia’s H200 and AMD’s MI325X. The move follows a nine-month national security investigation under Section 232 of the Trade Expansion Act. White House officials said the tariffs aim to boost domestic semiconductor production and reduce reliance on foreign suppliers. The tariffs […]
Trump tariffs
China chip tariffs delayed as US brands policies unfair
The United States said China uses unfair tactics to dominate the semiconductor industry. However, Washington will delay tariffs until June 23, 2027. The USTR said current tariffs remain at zero for now. The U.S. Trade Representative investigation concluded China’s policies “burden or restrict U.S. commerce and are actionable.” The agency will announce the tariff rate […]
Asian Stocks Slide as US-China Trade Tensions Flare
SYDNEY– Asian stocks dropped sharply on Monday as fears of a renewed US-China trade war unsettled investors already wary of stretched market valuations. However, Wall Street futures pointed to a recovery as risk appetite began to stabilize. US President Donald Trump’s threat of 100% tariffs on Chinese goods rattled global sentiment, though he later struck […]
Asian Markets Wobble as Wall Street Slips and Commodities Pause Rally
SINGAPORE – Asian stocks limped into Friday’s session on uncertain footing, as declines on Wall Street rippled across global markets and commodity prices eased after a powerful rally. Despite the day’s caution, regional equities remain poised for one of their best years in a decade, outperforming US markets as President Donald Trump’s economic and tariff […]