President Donald Trump announced a 100% tariff on all imported computer chips and semiconductors Wednesday. The move aims to reshore critical technology production and reduce dependence on foreign supply chains. …
Category:
Money
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The U.S. goods trade deficit fell to its lowest level in nearly two years in June. The Commerce Department said Tuesday the gap narrowed 10.8% to $86.0 billion, down from …
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Tesla has signed a $16.5 billion semiconductor manufacturing agreement with Samsung Electronics. The deal marks a major step forward for American-based chip production and AI innovation. CEO Elon Musk confirmed …
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President Donald Trump on Sunday announced a sweeping trade deal with the European Union. The agreement will send hundreds of billions of dollars into the U.S. economy, expand American energy …
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Major medical technology companies are expanding their manufacturing operations across the United States. They’re investing millions, and in one instance billions, to increase domestic production and meet the growing demand …
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Nvidia on Wednesday became the first company in the world to hit a $4 trillion market valuation. The milestone reflects Wall Street’s growing confidence in artificial intelligence. Shares of the …
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President Donald Trump announced Monday that the United States will impose 25% tariffs on imports from Japan and South Korea starting August 1. The tariffs were revealed in two separate …
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President Donald Trump abruptly ended all trade negotiations with Canada last week after Ottawa moved forward with a digital services tax targeting American tech companies. Within 48 hours, Canada rescinded …
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NATO member nations agreed Wednesday during a summit in the Netherlands to raise their defense spending floor from 2% to 5% of gross domestic product by 2035. The 32 allies …
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Oil prices climbed and US stock futures slipped after US bombers hit Iran’s nuclear facilities over the weekend. Brent crude, the international benchmark, rose as much as 5.7% to briefly …