Trump’s Tariffs: Immediate Impact on Global Trade The world of international trade is once again bracing itself for turbulence as President Trump’s administration announces the immediate enforcement of global tariffs. White House press secretary Karoline Leavitt confirmed the news on Tuesday, indicating that the repercussions of this decision will be swift and far-reaching. Tariffs have […]
US fabs to catch up with Taiwan tech
US Fabs Accelerate to Match Taiwan Tech Power In the fast-paced realm of chip technology, staying ahead of the curve is not just an advantage but a necessity. As Taiwan Semiconductor Manufacturing Company (TSMC) continues to lead the pack with cutting-edge advancements, the pressure is on for US fabs to catch up and level the […]
Nike Comeback Bid Is Threatened by Inventory Reset, Tariffs
Nike’s Comeback Bid Faces Challenges from Inventory Reset and Tariffs Nike, the iconic activewear brand, is currently facing a turbulent period as it navigates through a challenging landscape of inventory issues and tariffs. The company’s shares recently took a hit, dropping nearly 5 percent following a concerning statement made by CFO Matthew Friend during Nike’s […]
China claims quantum supremacy with Zuchongzhi 3.0 chip
China Claims Quantum Supremacy with Zuchongzhi 3.0 Chip China has recently made waves in the world of quantum computing with the unveiling of its groundbreaking Zuchongzhi 3.0 chip. Boasting a 105-qubit design, this cutting-edge technology is set to revolutionize the field and solidify China’s position as a key player in the global quantum race. Quantum […]
Canada to Announce C$29.8 Billion in Retaliatory Tariffs on US, Official Says
Canada to Announce C$29.8 Billion in Retaliatory Tariffs on US, Official Says In the midst of an escalating trade conflict between Canada and the United States, the Canadian government has announced a bold move to impose C$29.8 billion in retaliatory tariffs on American goods. This decision marks a significant escalation in the ongoing trade dispute […]
Trump’s Threat to Human Rights in Fashion’s Factories
Trump’s Threat to Human Rights in Fashion’s Factories As the fashion industry continues to thrive on a global scale, the spotlight is often on the glitz and glamour of runways and red carpets. However, behind the scenes lies a darker reality – one where human rights violations run rampant in the factories that produce the […]
Taiwan’s TSMC to strengthen US semiconductor supply chain
Taiwan’s TSMC Strengthens US Semiconductor Supply Chain Taiwan Semiconductor Manufacturing Company (TSMC) has been making strategic moves to bolster the US semiconductor supply chain, a decision that could have significant implications in the global tech industry. As geopolitical tensions between the US and China continue to escalate, TSMC’s expansion plans come at a crucial time, […]
Singapore investigates alleged Nvidia chip smuggling
Singapore Investigates Alleged Nvidia Chip Smuggling The recent investigation into the alleged smuggling of Nvidia chips in Singapore has brought to the forefront the complex web of global tensions surrounding technology transfer restrictions between the United States and China. The case, which has captured the attention of industry experts and policymakers alike, underscores the challenges […]
Italian Court Lifts Supervision of Dior Unit Over Labour Exploitation
Italian Court Lifts Supervision of Dior Unit Over Labour Exploitation In a significant development, an Italian court has lifted the supervision of a Dior unit over allegations of labor exploitation. This decision comes after the luxury fashion house faced scrutiny when Italian prosecutors linked it to sweatshops on the outskirts of Milan. The company, known […]
Trump orders review of tariffs over digital service taxes
Trump Orders Review of Tariffs Over Digital Service Taxes In a move that could potentially shake up international trade relations, President Trump has ordered a review of tariffs on imports from countries such as France, Canada, and several others. The reason behind this review is the implementation of digital service taxes by these nations, which […]