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Tag: trade war

Merz launches supercomputer, says Europe can catch up in AI race
Technology
  • AFP
  • Sep 05, 2025
Merz launches supercomputer, says Europe can catch up in AI race

“We in Germany, and we in Europe, have every opportunity to catch up and then keep pace” with the United States and China, he said at the inauguration of the Jupiter computer which will be able to perform at least one quintillion (or one billion billion) calculations per second.

EU to scrap tariffs on US goods to pave way for lower car duties
Business
  • Reuters
  • Aug 28, 2025
EU to scrap tariffs on US goods to pave way for lower car duties

The proposals mark the EU’s first step in enacting the framework agreement between US President Donald Trump and Commission President Ursula von der Leyen on July 27, which saw the EU accept a broad 15% tariff to avoid a damaging trade war.

Rare earths: US diplomat summoned over Greenland 'interference'
World
  • AFP
  • Aug 27, 2025
Rare earths: US diplomat summoned over Greenland ‘interference’

Since returning to the White House in January, Trump has repeatedly said America needs the strategically located, resource-rich island for security reasons, and has refused to rule out the use of force to secure it.

Trump tariffs: 25 countries suspend postal services to US
Business
  • Reuters
  • Aug 26, 2025
Trump tariffs: 25 countries suspend postal services to US

National security: Trump says Intel 'agreed' to give US a 10% equity stake
Technology
  • AFP
  • Aug 22, 2025
National security: Trump says Intel ‘agreed’ to give US a 10% equity stake

Trump added: “I said, I think it would be good having the United States as your partner…. they’ve agreed to do it, and I think it’s a great deal for them.”

EU to secure lower US car tariff by opening market to American goods
World
  • Reuters
  • Aug 21, 2025
EU to secure lower US car tariff by opening market to US goods

In a 3-1/2-page joint statement, the two sides spelled out that 15 per cent US tariffs would apply to most EU imports and listed the commitments made, including the EU’s pledge to eliminate tariffs on US industrial goods and to give preferential market access for a wide range of US seafood and agricultural goods.

Trump tariffs on steel and semiconductor chips coming soon
World
  • Reuters
  • Aug 15, 2025
Trump tariffs on steel and semiconductor chips coming soon

He said the rates would be lower at the start to allow companies to build up domestic manufacturing in the US, rising sharply later, following a pattern he has also outlined for tariffs on pharmaceuticals.

New Delhi says de-dollarization isn't part of Indian agenda
World
  • Reuters
  • Aug 14, 2025
New Delhi says de-dollarization isn’t part of Indian agenda

US President Donald Trump is doubling down against BRICS, warning that their push to undermine the US dollar’s dominance threatens America’s economic supremacy.

Trump may allow lawsuit against Powell, cites 'incalculable' damage
World
  • AFP
  • Aug 12, 2025
Trump may allow lawsuit against Powell, cites ‘incalculable’ damage

“The damage he has done by always being Too Late is incalculable,” Trump wrote on his Truth Social platform. He added that he is thinking of allowing a lawsuit taking aim at Powell’s oversight on the Fed’s renovations, but did not offer more details.

Business
  • Web Desk
  • Aug 06, 2025
US tariffs in crucial sectors lasting beyond Trump era: JPMorgan

Tariffs are being viewed across party lines as vital to enhancing the US industrial base in strategic sectors such as semiconductors and defense, making a rollback unlikely even after President Donald Trump’s term, the report said.

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