Biden Targets China’s Chip Industry With Wider Trade Bans
New rules significantly expand restrictions on selling China chip technology, but critics say they also contain carve-outs that are favorable to industry.
Trump threatens 100 percent tariff on BRICS nations if they try to undermine U.S. dollar
His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.
TSMC reportedly halts advanced chip shipments to Chinese companies | TechCrunch
After a chip manufactured by Taiwan Semiconductor Manufacturing Company was found inside a Huawei processor, the US Department of Commerce has ordered the
Free trade allows for maximizing the total number of mutually beneficial exchangers and promotes economic progress. Recorded at the Mises Institute in Auburn, Alabama, on 26 July 2023.
What’s Going on With Nippon Steel’s Planned Acquisition of US Steel? - FEE
In early September, Vice President Kamala Harris made known her opinion on Japanese steelmaker Nippon Steel’s pending acquisition of US Steel. The Democratic
Consumers' support for trade and immigration declines, small change on higher taxes for wealthy
Joanne Hsu
American consumers view the economic impact of both trade and immigration more critically now than in 2020, according to the University of Michigan Surveys of Consumers.
The share of consumers voicing support for increased trade fell from 68% in 2020 to 54% in 2024. Unlike four year
Both Sides: Globalization - Stossel in the Classroom
Globalization has led to unprecedented levels of trade between nations around the world. But who are the winners and losers of globalization? Is it good for ...
Houthi Attacks in the Red Sea Add $22 Billion to Valuations of Shipping Companies
Houthi assaults on merchant ships as they sail through the Red Sea are driving up the shares of firms transporting everything from manufactured goods to oil and commodities.
Biden cuts China off from more Nvidia chips, expands curbs to other countries
The Biden administration plans to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others, part of a raft of measures released on Tuesday that seek to stop Beijing from receiving cutting-edge U.S. technologies to strengthen its military.
Focus: Historic drought, hot seas slow Panama Canal shipping
Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage this month, a historic drought forced it to drop weight by offloading hundreds of containers.