President Donald Trump on Monday warned China that Beijing must give the United States magnets or “we have to charge them 200 per cent tariff or something” amid a trade dispute between the two nations. China is increasingly sensitive about rare earths and its control over supply, adding several rare earth items and magnets to…
President Trump on Monday said a 15% tariff on imports from South Korea will hold despite President Lee Jae Myung’s visit to Washington, D.C. “We stuck to our guns,” the president said after the meeting. The two countries struck a trade deal in July, allowing South Korea to avoid a stiffer 25% tariff, but tensions…
The US president’s escalation comes despite a 90-day pause on increased tariffs that has already been agreed, and as negotiations between the world’s two largest economies loom. United States President Donald Trump has said that China must give the US more magnets or “we have to charge them 200 percent tariff or something” amid a…
A railway steel truss arch bridge section being erected in the predawn hours Aug. 22 plummeted into a river in Northwest China, killing at least 12 workers, news agencies reported. Daytime photos became available today. Four more workers are believed to be missing. China’s CCTV news reported that a cable failure was a triggering cause…
US President Donald Trump addressed the rare earth magnet dispute with China, warning of potential 200% tariffs if supplies are not provided. He highlighted the historical monopoly China created over magnets, emphasizing national security concerns and the US plan to ramp up domestic production. Trump stressed that America holds stronger trade leverage, maintaining a good…
Photo by Mandel Ngan / AFP US President Donald Trump said on Monday that he expects to visit China either this year or soon afterward, highlighting improvements in economic ties between the two countries, while keeping the option of higher tariffs on the table. Speaking to reporters as he met South Korean President Lee Jae…
When Prime Minister Anthony Albanese returned from his high-profile visit to Beijing earlier this year, the first by an Australian leader in seven years, the tone was hopeful. Trade blockages were thawing, diplomacy was back on track, and Australia’s place in the China conversation seemed more secure. Yet, the substance of the trip felt all…
The U.S.-China tech rivalry has reshaped the semiconductor landscape, and TSMC (TSMC:TW) stands at the epicenter of this transformation. As the world’s largest contract chipmaker, TSMC’s ability to navigate geopolitical headwinds while capitalizing on surging AI demand will define its long-term growth trajectory. With U.S. export controls tightening and China accelerating self-reliance, TSMC’s strategic recalibration—coupled…
A coalition of AI companies unveiled a Super Political Action Committee (SuperPAC), designed to influence US technology policy and strengthen the nation’s position in the global AI race, according to an Aug. 25 press release. The group, Leading the Future (LTF), pledged to back candidates who support innovation while pushing back against legislation that could slow…
President Donald Trump’s tariff blitz is shaking the pillars of global trade and diplomacy. President Donald Trump’s second term is turning out to be less about diplomacy and more about demolition of America’s traditional alliances. In his latest push to reassert American primacy, Trump has unleashed a new wave of tariffs-50% levies on Indian and…