Trade war: Trump plans 100% tariff on chips, semiconductors; claims 'there's no charge' for companies building in US
Thursday, 7 August 2025 () President Trump announced a significant 100% tariff on imported computer chips and semiconductors, potentially raising prices for various tech products. This policy shift aims to incentivize domestic chip manufacturing, benefiting companies like Apple, Nvidia, and Intel, which have invested heavily in US production. Following the announcement, Apple shares surged, reflecting positive investor sentiment towards the move.
Bishara Bahbah, a key figure in former President Trump’s Gaza negotiating team, has resigned, accusing the U.S. and Israel of sabotaging near-successful ceasefire talks with Hamas. Bahbah claims negotiators in Qatar were ordered home by U.S. envoy Steve Witkoff just as Hamas was close to accepting...
Alaska is set to host former U.S. President Donald Trump and Russian President Vladimir Putin in Anchorage on August 15 for their first face-to-face meeting since 2022. Locals are divided—some see..
Trump’s aggressive tariff policies are driving key global players toward China and Russia, strengthening BRICS as a united front against U.S. dominance. Leaders from India, Brazil, Russia, and China..
Just three days before the Trump–Putin meeting, Russia and Ukraine have launched heavy attacks, intensifying the war. Russia struck a Ukrainian training center with banned cluster munitions, killing..
Thursday, 7 August 2025 ()
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