TSMC starts building third Arizona plant as US tariffs loom
The CEO says that the third and fourth plants will use its most advanced N2 and A16 process technologies and the fifth and sixth plants will use even more advanced technologies …
Tag
Tariffs
Trump tempers auto tariffs, winning cautious praise from industry
US President Donald Trump moved on Tuesday to soften tariffs on automakers, sparking cautious optimism in an industry that has been on tenterhooks as it awaits details on the fast-evolving…
US: Stocks rally as Trump tempers auto tariffs
Wall Street stocks rose on Tuesday as markets digested mixed earnings while applauding a move by President Donald Trump to ease tariffs on automakers. Trump’s pivot includes…
West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days
Census Bureau data released on Tuesday showed a surge in U.S. imports starting last fall, from $268 billion at the end of October to $343 billion at the end of March, reflecting a push by…
Trump pumps the brakes on some auto tariffs
President Trump granted limited relief from his auto tariffs with an executive order Tuesday that keeps automakers from facing multiple forms of taxation under his system of levies. Source…
Trump to Sign Executive Order Walking Back Some Auto Tariffs
President Trump plans to sign an executive order Tuesday that will walk back some tariffs for carmakers, administration officials said, removing some levies that Ford, General Motors and…
In his first 100 days, Trump’s tariffs are already threatening the AI boom
When Donald Trump returned to the White House in 2025, many in the tech world hoped his promises to champion artificial intelligence and cut regulation would outweigh the risks of his…
Trump White House Blasts Amazon’s Reported Plans to List Cost of Tariffs on Products a ‘Hostile and Political Act’
Amazon is reportedly planning to display the cost of President Trump’s tariffs on products the ecommerce giant sells — drawing an immediate condemnation from the White House. At a press…
Adidas Warns Sneakers Will Cost More in the U.S. as Trump’s Tariffs Take Effect
The German sportswear company Adidas said on Tuesday that the increase in tariffs would lead to higher prices for its sneakers and sportswear for U.S. customers. “Since we currently cannot…
GM pulls forecast due to tariffs as nervous consumers rush to buy
General Motors has pulled its annual forecast, reflecting the uncertain effects of US President Donald Trump’s global trade war, even as it reported strong quarterly results. The Detroit…
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on…
Porsche's Q1 profit margin plunges on China weakness, US tariffs
Luxury sports carmaker Porsche on Tuesday (Apr 29) said its operating margin fell to 8.6 per cent in the first quarter, below analyst estimates, hit by weaker demand in China as…
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car parts to give automakers more time to relocate…
Canada Election: It’ll Be Carney or Poilievre Against Trump’s Tariffs
Canada chooses a leader to take on Trump Canadians vote on Monday to determine which political party forms their next government. But President Trump’s tariff assault on Canada and his vow…
US shoppers pay for Trump tariffs on Temu, doubling some prices
Discount Chinese retail app Temu appears to be passing on nearly all of US President Donald Trump’s new import taxes to US consumers, more than doubling the cost of some products…
Tariffs: Misses and Myths
The week of April 21, 2025: Tariff legends and reality, the debt, antitrust, and much, much more. Source link
Trump’s Tariffs Prompt Wave of Lawsuits
Somewhere along a roughly 7,500-mile journey that begins in Shenzhen, China, there are 19 shipments bound for Rick Woldenberg, the chief executive of Learning Resources, an educational toy…
Trump’s Tariffs Squeeze an Already Struggling British Car Industry
The 25 percent tariffs imposed by President Trump on imported cars have added to the pressures on vehicle manufacturers around the world, but the pain could be particularly acute in…
Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices
President Trump’s tariffs on imported cars and auto parts could stall the growth of electric vehicles, setting back a technology critical to addressing climate change. But the tariffs…
How Tariffs Could Make Americans’ Hobbies More Expensive
Hobby forums, normally places for trading tips about knitting patterns and sharing photos of new projects, are now hosting in-depth analyses of tariff news and heated political debates.…
US pharma tariffs would raise US drug costs by US$51 billion annually, report finds
A 25 per cent US tariff on pharmaceutical imports would increase US drug costs by nearly US$51 billion annually, boosting US prices by as much as 12.9 per cent if passed on, a report…
The Download: how Trump’s tariffs will affect US manufacturing, and AI architecture
The quest to figure out farming on Mars Once upon a time, water flowed across the surface of Mars. Waves lapped against shorelines, strong winds gusted and howled, and driving rain fell…
Sweeping tariffs could threaten the US manufacturing rebound
The US was great at inventing new stuff, it turns out, but lousy at making it. The hope is that this situation is changing as the country builds up its manufacturing muscles. The stakes…
Renault to cut costs as US tariffs lash car market
French carmaker Renault said on Thursday (Apr 24) it will seek to further cut costs as US tariffs shake up the global car market. Renault does not sell cars in the United States, so it…