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The U.S. will apply a 100% tariff to certain chip imports in a bid to encourage domestic semiconductor production.
The new tariff would not apply to companies that had made a commitment to manufacture in the US. Read more at straitstimes.com. Read more at straitstimes.com.
What Happened in Markets Today President Trump said there would be a 100% tariff on imported semiconductors, with exceptions. Companies such as Apple that are investing in U.S. manufacturing [would be ...
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The unusual demand adds to challenges facing the firm, which has been seen as falling behind in the chip race.
Moscow faces an Aug. 8 Trump deadline to make a peace deal with Ukraine, under the threat of stiffer United States sanctions.
In a high-profile Oval Office meeting with Apple CEO Tim Cook, President Trump unveiled sweeping new tariffs on ...
China's exports grew at a faster pace in July, surpassing expectations as global businesses await clarity on whether Beijing and Washington will extend their tariff truce ahead of an August deadline.