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The customs policy of US President Donald Trump is aimed not only at regulating the sphere of foreign trade, but also at localizing the production of many goods in the…
Samsung Chief Financial Officer Park Soon-cheol said the company will focus on boosting sales of flagship products and may relocate manufacturing sites to maintain profitability amid tough U.S. tariffs, South…
8BitDo, a company that produces gaming controllers, mice, and keyboards, has stopped shipping products to the United States. The manufacturer reports this on its website. The temporary cessation of shipments…
Even under President Biden, Taiwanese company TSMC agreed to build three chip manufacturing plants in Arizona. The first of them is already producing 4-nm products, the second is ready for…
Elon Musk’s 2022 deal to buy Twitter, which he later renamed X, involved borrowing $13 billion. The billionaire’s creditors only recently managed to finally assign their claims on those debts…
The current trade war between the US and China has already led to an increase of up to 145% in import duties on Chinese goods in the former. Suppliers of…
The attorneys general of 12 US states, led by Arizona and Oregon, have sued the Donald Trump administration to stop the tariff war declared by the US president. The lawsuit…
Intel CEO Lip-Bu Tan, who took over last month, has continued to reshape the company’s management structure, cutting bureaucracy and speeding up decision-making. Last week, he announced more personnel changes,…
At the quarterly reporting event, Tesla CEO Elon Musk touched on the topic of export restrictions, but while he assessed the impact of US import duties on the automaker’s business…
Apple’s rush to ship large quantities of iPhones from India in late March showed that tariff uncertainty is currently pushing supply chain participants to stockpile more inventory. Last week, 10%…