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NEWS TAGGED TARIFF
Monday 9 December 2024
Will Trump's protectionism succeed despite harming others without benefiting?
Donald Trump once proposed a 60% tariff on products imported from China but later reduced it to 10% to avoid an overly aggressive trade conflict. However, his announcement of a 25%...
Friday 6 December 2024
China counters US by proposing 20% price reduction on domestic products
China has unveiled countermeasures following Trump's recent announcement of a 10% tariff on Chinese imports. On December 5, the Ministry of Finance of the People's Republic of China...
Tuesday 3 December 2024
IPC makers demonstrate resilience, remain unfazed by tariff shifts
Taiwan's industrial computer (IPC) manufacturers are maintaining their composure despite the ripples sent through global supply chains by Donald Trump's recent announcement of tariff...
Friday 29 November 2024
Acer chairman expects AI PCs to reach pricing sweet spot in 3Q25
AI PC sales have so far failed to live up to the initial hype, but Acer chairman and CEO Jason Chen predicts that the devices will reach the pricing sweet spot next year to trigger...
Thursday 28 November 2024
2025 EV price war looms as SAIC joins supply chain cost-cutting push
On November 26, BYD announced a directive requiring its suppliers to implement a 10% cost reduction starting January 1, 2025. Following this, SAIC Maxus has reportedly launched a...
Thursday 28 November 2024
Trump's tariff strategy sparks geopolitical uncertainty
US President-elect Donald Trump's latest announcement of a 10% tariff on Chinese imports has created waves in international markets. While the relationship between this new tariff...
Thursday 28 November 2024
Trump revives tariff strategy: lessons from first term
Drawing from his first term, US President-elect Donald Trump's latest tariff threats targeting key trading partners—China, Mexico, and Canada—are signaling a strategic...
Thursday 28 November 2024
BYD reportedly preps for Trump 2.0 tariffs with 10% supplier cost cuts in 2025
BYD moves to shield itself from looming US tariffs as President-Elect Trump threatens new import taxes on Chinese, Canadian, and Mexican goods. The China-based EV giant has reportedly...
Thursday 28 November 2024
Foxconn to assess impact of Trump's Mexico tariff proposal
On November 25, US President-elect Donald Trump announced via social media that he would sign an executive order on his first day in office, imposing a 25% tariff on imports from...
Wednesday 27 November 2024
Clients first to be impacted by potential US tariff hike, says Foxconn chairman
Following President-Elect Donald Trump's recent announcement of potential new tariff policies, Foxconn chairman Young Liu emphasized that Taiwan's supply chain impacts can only be...
Wednesday 27 November 2024
Trump's threat of tariffs on Mexico may disrupt AI server supply chain
Donald Trump is set to return to the White House in January 2025, and he has already declared on social media that on his first day in office, he will sign an executive order imposing...
Tuesday 26 November 2024
Taiwan's chip industry unfazed by Trump's trade policy, says former TSMC chairman Mark Liu
On November 25, newly inaugurated US President Donald Trump announced plans to sign an executive order imposing a 25% tariff on goods from Mexico and Canada and raising tariffs on...
Tuesday 26 November 2024
Shifting gears: US tariffs reshape global automotive supply chain
Heightened US tariff policies are rattling the automotive industry, threatening higher vehicle costs. Industry insiders note that while the US mandates final assembly domestically,...
Monday 25 November 2024
Bessent at treasury may give China breathing room over tariffs
President-elect Donald Trump's pick of Scott Bessent as Treasury secretary may give Beijing room to negotiate with the US over their trade tensions, in part due to his moderate stance...
Friday 22 November 2024
Trump-style 'Made in USA' could end tariff exemptions for China-made notebooks and smartphones
Donald Trump's expected return to the White House on January 20, 2025, has intensified speculation over his trade policy plans. Liu, Director of the Regional Development Study Center...