US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.President Donald Trump’s sharp 25 percent tariffs on US imports from Canada and Mexico — with a lower rate for Canadian energy …
US signals possible exemptions in Canada, Mexico tariffs Read More »
US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.President Donald Trump’s sharp 25 percent tariffs on US imports from Canada and Mexico — with a lower rate for Canadian energy …
US official says possible Canada, Mexico tariff relief on ‘categories’ Read More »
Panamanian President Jose Raul Mulino on Wednesday accused his US counterpart Donald Trump of “lying” about Washington taking back the Panama Canal. “Once again, President Trump is lying. The Panama Canal is not in the process of recovery,” Mulino wrote on X.”I reject, on behalf of Panama and all Panamanians, this new affront to the truth …
Panama president says Trump ‘lying’ about reclaiming canal Read More »
British chip giant Arm Holdings signed an agreement with Malaysia on Wednesday to bolster the Southeast Asian country’s efforts to produce high-end semiconductors amid the US-China tech trade war.Malaysia is a key player in the vital chips sector but has been largely focused on packaging, assembly and testing services — the lower end of the …
Malaysia signs deal with Arm to bolster chip ambitions Read More »
China set an ambitious annual growth target of around five percent on Wednesday, vowing to make domestic demand its main economic driver as an escalating trade war with the United States hit exports.Beijing also announced a rare hike in fiscal funding, allowing its budget deficit to reach four percent this year as it battles stuttering …
China eyes five percent growth despite US trade war Read More »
Chinese lawmakers told AFP Wednesday they were confident in the country’s prospects despite a host of gnarly challenges, after a morning of meticulously choreographed fanfare at an annual political gathering in Beijing.Following the opening session of the National People’s Congress (NPC) in Beijing’s opulent Great Hall of the People, representatives emerged into Tiananmen Square, brightly …
‘China is strong’: lawmakers bullish despite ‘turbulent’ world Read More »
Taiwanese chip-making giant TSMC plans to invest a whopping $100 billion in the United States, after US President Donald Trump threatened to slap tariffs on overseas-made chips.Taiwan Semiconductor Manufacturing Co is the world’s biggest maker of the critical technology that has become the lifeblood of the global economy.This week’s announcement takes the total amount TSMC …
What TSMC’s $100 bn investment in the US means for Taiwan Read More »
The US economy is set to experience some “disturbance” from tariffs, President Donald Trump said Tuesday, as trade tensions flare after he imposed sweeping levies on Mexico, Canada and China.Trump’s address to a joint session of Congress came after he pushed forth with tariff hikes on the three countries over illegal immigration and drug trafficking.This …
Trump says tariffs will bring ‘a little disturbance’ to US economy Read More »
China on Wednesday set an annual growth target of around five percent, vowing to make domestic demand its main economic driver as an escalating trade war with the United States hit Beijing’s exports.Beijing also announced a rare hike in fiscal funding, allowing its budget deficit to reach four percent this year as it battles stuttering …
Australia’s plan to exempt YouTube from a world-leading teen social media ban is “illogical” and a “mockery”, rival tech giants Meta and TikTok said Wednesday. Prime Minister Anthony Albanese last year unveiled landmark laws that will ban under-16s from social media by the end of 2025. While popular platforms such as Facebook, TikTok and Instagram face heavy …
Tech giants object as YouTube set to dodge Australian social media ban Read More »
