President Trump said in the "very near future" he will impose tariffs on steel, aluminum, copper, semiconductors, pharmaceuticals and other imports.
President Donald Trump's nominee to head the U.S. Commerce Department will tell senators on Wednesday he will "take a thoughtful and rigorous approach" to overseeing the agency but did not offer any specifics on tariffs or China policy.
Jan. 27, 6:30 p.m. EST President Donald Trump said at a House Republican retreat that the launch of the AI model was “a positive development” but should be considered a “wake-up” call for U.S. industries, lauding the move for what he hoped would usher in a future of “coming up with a faster method of AI, and much less expensive method.”
President Donald Trump previously criticized the CHIPS and Science Act, leading to speculation over whether the law could be repealed or tweaked under the new administration.
The semiconductor business between Taiwan and the United States is mutually beneficial, with Taiwan being a critical player in the global technology supply chain. Despite tariff threats from Donald Trump,
President tells House Republicans his plans to get the ‘transgender ideology the hell out of our military,’ and says he’s raised ‘a lot’ of money for the next election cycle
Experts say regardless of the US president’s latest manoeuvres, a hanging sword dangles over the US-China trade war that is expected to intensify, with semiconductor microchips in the crosshairs.
Leading AI chip maker Nvidia dropped 17% at the start of the week, pulling US stocks down in what president Donald Trump said was a "wake-up call" for US tech companies.
DeepSeek’s gambit may have backfired because its CEO identified export controls as his top challenge. Read more at straitstimes.com.
Donald Trump and his backers were hardly fans of the Biden administration's CHIPS and Science Act during the election campaign, yet the next U.S. government does not plan to reverse it. At least, that's the impression the next U.S. Commerce Secretary, Howard Lutnick, gave to outgoing Secretary Gina Raimondo, Bloomberg reports.