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Trump mentions Taiwan, S. Korea while saying America lost chip business
US President Donald Trump mentioned Taiwan and South Korea Friday, as he argued that the United States lost semiconductor business to foreign countries. During a press availability at the White House, Trump also renewed his criticism of the CHIPS and Science Act, calling it a "tremendous waste of money." The act was signed by his predecessor Joe Biden in 2022 to boost domestic chip manufacturing through incentives. "We gradually lost the chip business, and now it's almost exclusively in Taiwan.
March 8, 2025 -
[Graphic News] Apple tops most admired firms list for 18th year
Apple has maintained its position as the most admired company in the world for the 18th year running, according to Fortune’s annual ranking. Based on a survey of over 3,000 executives, directors and analysts, the list highlights the world’s most respected firms. Microsoft and Amazon keep hold of their second and third positions, respectively, for a sixth consecutive year. Nvidia, at fourth place, continues to rise thanks to its role in advancing artificial intelligence. Meanwhile, Alphabet, Goog
March 6, 2025 -
China slaps extra tariffs of up to 15% on imports of major US farm exports, adds trade curbs
China announced Tuesday it will impose additional tariffs of up to 15 percent on imports of key US farm products, including chicken, pork, soy and beef, and also expanded controls on doing business with key US companies. The tariffs announced by the Commerce Ministry are due to take effect from March 10, though goods already in transit will be exempt until April 12. They follow US President Donald Trump’s order to raise tariffs on imports of Chinese products to 20 percent across the board. Those
March 4, 2025 -
Ukrainians grapple with consequences of Trump's pause on military aid
Ukrainians grappled Tuesday with the ramifications of a US decision to pause military aid that is critical to their fight against Russia’s invasion , as a rift between Kyiv and Washington deepens. Days after an explosive meeting with Ukrainian President Volodymyr Zelenskyy, US President Donald Trump ordered the assistance halted in a bid to pressure Kyiv to engage in peace talks with Russia. A White House official said the US was “pausing and reviewing” its aid to “ensure that it is contributing
March 4, 2025