Walmart Requests Chinese Suppliers for Significant Price Reductions Amid Trump Tariffs Amid the ongoing trade tensions between the United States and China, major retail giant Walmart has taken a bold stance by asking its Chinese suppliers for substantial price cuts. The request comes as a response to the tariffs imposed by the Trump administration, affecting […]
Vietnam eyes Starlink licence while addressing US trade tensions
Vietnam’s Strategic Move: Allowing Starlink Amid US Trade Tensions In a strategic maneuver aimed at fostering innovation and technological advancement, Vietnam is in the process of adjusting its policies to permit foreign satellite internet providers to operate within its borders. This move comes at a crucial time as the Southeast Asian nation navigates through trade […]
Taiwan sets rules for TSMC’s overseas ventures
Taiwan Tightens Oversight on TSMC’s Global Expansion, Emphasizing Economic Protection In a strategic move to safeguard its economic interests, Taiwan has recently imposed new regulations on Taiwan Semiconductor Manufacturing Company (TSMC), mandating government approval for the company’s overseas joint ventures, particularly those involving advanced chip manufacturing facilities outside of China. This decision, announced by Taiwan’s […]
Taiwanese chip maker Vanguard warns of economic risks from US tariffs
Taiwanese Chip Maker Vanguard Foresees Economic Risks Amid US Tariffs The recent escalation of trade tensions between the United States and various countries around the world has sparked concerns about the potential economic impact of tariffs. Taiwanese chip maker Vanguard, a key player in the global semiconductor industry, has warned of the risks that these […]
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 […]
Temu, Shein See US Sales Drop After Trump Targets China Trade
Temu, Shein See US Sales Drop After Trump Targets China Trade The recent move by President Trump to eliminate the exemption of customs duties on parcels under $800 from China has sent ripples through the retail industry. Companies like Temu and Shein, known for their affordable and trendy clothing options, have seen a significant drop […]
Thailand pushes for semiconductor growth amid trade tensions
Thailand’s Ambitious Drive Towards Semiconductor Growth Thailand, known for its vibrant culture and picturesque landscapes, is now setting its sights on a new frontier – the semiconductor industry. With trade tensions looming large on the global economic horizon, Thailand is gearing up to invest a staggering 500 billion baht to establish itself as a significant […]
ASML exceeds expectations with surge in AI demand
ASML: Leading the Charge in AI Demand Surge ASML, a prominent player in the semiconductor industry, has recently made headlines with its exceptional performance fueled by a surge in demand for AI technology. Despite facing significant geopolitical challenges, the company has managed to not only meet but exceed expectations, showcasing a strong financial performance and […]
Taiwan emphasises strong ties amid Trump’s tariff threat
Taiwan’s Commitment to US Economic Cooperation Shines Through TSMC’s $65 Billion Investment As the world braces for the potential repercussions of President Trump’s tariff threats, Taiwan stands out with a bold move that underscores its dedication to fostering strong ties with the United States. Taiwan Semiconductor Manufacturing Company (TSMC), a global leader in semiconductor manufacturing, […]
Samsung and LG consider US manufacturing shift, report says
Samsung and LG Considering US Manufacturing Shift Amid Tariff Concerns In the ever-changing landscape of global trade, major players like Samsung and LG are constantly seeking ways to adapt and thrive. Recent reports have indicated that both tech giants are considering a significant shift in their manufacturing strategies, with a potential move towards increasing production […]