Trade
Trump threatens ‘massive’ tariff hike on China over rare earths dispute
President Donald Trump on Friday threatened to slap a “massive increase of Tariffs” on Chinese products imported into the United States to “financially counter” new export controls that China imposed on rare earths from that country. Trump also threatened in a social media post to cancel his upcoming meeting with Chinese President Xi Jinping because […]
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Singapore police probe Nvidia customer Megaspeed over alleged China export violations
Singapore authorities are investigating artificial intelligence computing firm Megaspeed, a customer of American AI chipmaker Nvidia, for allegedly helping Chinese companies evade curbs on U.S. chip exports. “The Singapore Police Force confirms that investigations are ongoing into Megaspeed for suspected breaches of our domestic laws,” the police told CNBC in an email. The probe comes […]
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China blacklists major chip research firm TechInsights following report on Huawei
In this photo illustration a Huawei logo is displayed on a smartphone with a Chinese flag in the background. Sopa Images | Lightrocket | Getty Images Beijing has banned semiconductor research firm TechInsights from working with or receiving data from Chinese entities, in a move that could add to the opaqueness of the country’s chip […]
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Auto giant shares tumble as European Union’s new steel tariffs spark industry panic
The BMW brand logo can be seen on the BMW four-cylinder (also known as the BMW tower and BMW high-rise), the main administration building and landmark of the vehicle manufacturer BMW. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s biggest carmakers traded lower on Wednesday, amid concern that the European Union’s latest […]
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WTO hikes global trade forecast for 2025 — but next year doesn’t look so good
A cargo ship sits outside of the Port of Elizabeth marine terminal seen from Bayonne, New Jersey, U.S., April 9 2025. Shannon Stapleton | Reuters The World Trade Organization on Tuesday hiked its forecast for global trade growth in 2025 but warned that the outlook for 2026 had deteriorated. In its latest “Global Trade Outlook […]
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U.S. tech giants hit pause on India data center deals under weight of trade uncertainty
Key Points U.S. technology companies are delaying their decisions to lease large data centers in India. New deals for data centers have been on hold for over two months, a source told CNBC. Hyperscalers may revisit their plans within the next three to six months. U.S. technology companies are delaying their decisions to lease large data centers in India, jittery from […]
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‘Common sense will prevail’: Bombardier CEO on U.S. tariffs and U.S.-Canada trade spat
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Éric Martel, President and CEO of Bombardier, speaks to CNBC’s Monica Pitrelli at the sidelines of the Milken Asia Summit. He reiterates that the company’s flagship jet, the ‘Global 8000’ is on track to hit the markets in 2025 and adds that […]
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Taiwan rejects U.S. proposal of ’50-50′ chip production, says trade talks focused on tariffs
Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park. Annabelle Chih | Getty Images News | Getty Images Taiwan will not accept Washington’s proposal to locally manufacture half the chips it currently supplies to the U.S., the island’s top trade negotiator said. Speaking to reporters, Cheng Li-chiun, also the country’s vice premier, said on Wednesday […]
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Taiwan should only produce half of America’s chips, says U.S. Commerce Secretary
A logo of the Taiwan Semiconductor Manufacturing Company (TSMC) displayed on a smartphone screen Vcg | Visual China Group | Getty Images The Trump administration is pushing Taipei to shift investment and chip production to the U.S. so that half of American demand is manufactured locally, in a move that could have implications for Taiwan’s […]
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Trump ‘Truths’ about tariffs on films and furniture raise questions on details
US President Donald Trump speaks with the press on the South Lawn of the White House on Friday September 26, 2025. Demetrius Freeman | The Washington Post | Getty Images President Donald Trump on Monday said he would impose a 100% tariff on foreign-made films and slap “substantial Tariffs” on any country that does not […]
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