Trump’s New Chip Tariff Initiative Gains Unexpected Backing
Tariffs vs. Subsidies in the Chip Industry President Trump announced plans to impose 100% tariffs on imported computer chips unless the manufacturers are investing in production within the U.S. He stated, “if they’re building in the US, there’s no fee.” This announcement coincided with a release of a working paper by two economists, Zhuo from […]
Semiconductor shares and ETFs in motion as Trump reveals complete chip tariff strategy
Chipmakers and US Tariffs: A New Landscape Elizabeth Evans, the Managing Partner at Evans Maywell, emphasizes that corporate revenues remain “resilient” while identifying which sectors are really thriving by actually generating profits. President Trump has made it clear to global chipmakers that producing chips in the US will exempt them from heavy tariffs. He stated, […]
Stocks Lose Initial Gains as Market Faces Challenges in Maintaining Rally Amid Tariff News; Apple Keeps Climbing
Chip stocks rise despite looming tariff threats 19 minutes ago Chip shares saw an uptick on Thursday, following President Donald Trump’s announcement that certain semiconductor manufacturers would be exempt from the proposed 100% tariffs. During a White House briefing, Trump stated, “We’re looking at imposing about 100% tariffs on chips and semiconductors, but there will […]
Trump Claims U.S.-Made Semiconductors Will Be Safe While Foreign Ones Face Full Tariff
Trump on Manufacturing and Tariffs During a press conference in the Oval Office, President Donald Trump remarked that while imported chips and semiconductors face nearly 100% tariffs, those produced in the U.S. remain tariff-free. Since kicking off his 2024 campaign, Trump has committed to revitalizing American manufacturing, boosting job creation, and attracting foreign businesses to […]
Trump reveals full tariff on semiconductors produced abroad, risking impact on local companies
Trump Proposes 100% Tariff on Chips and Semiconductors In an announcement on Wednesday, President Trump stated his intention to impose a 100% tariff on “all chips and semiconductors.” At an event in the Oval Office with Apple CEO Tim Cook, Trump said, “We’re going to put about 100% tariffs on chips and semiconductors.” He indicated […]
Gold prices for Wednesday, August 6, 2025: Gold starts above $3,400 before tariff deadline
Gold futures kicked off Wednesday at $3,434.90, marking a 1.6% increase from Tuesday’s close of $3,381.90. Prices for gold continued climbing in early trades, momentarily dipping after hitting a fresh weekly peak. Starting Thursday, many of Trump’s mutual tariffs will take effect, along with new tariffs on semiconductors and pharmaceuticals. Interestingly, financial markets seem to […]
Trump Cautions Europe About Possible 35% Tariff If They Don’t Follow Through
Trump Warns of Trade Tariffs with Europe President Donald Trump has issued a warning that Europe could face trade tariffs if he feels the European Union (EU) doesn’t uphold its promises regarding investment in the American economy. During an interview with CNBC, Trump stated he would impose a “35% tariff” if the EU violates their […]
USD/CHF increases as Swiss Franc weakens due to poor PMI and tariff worries
The USD/CHF increased by nearly 0.50% on Monday, breaking a two-day decline for the US dollar. Swiss CPI was projected to rise by 0.1%, following a 0.2% increase in July, but monthly inflation remained at 0.0%. The Swiss Manufacturing PMI dropped to 48.8, marking its fifth consecutive month of contraction and was somewhat unexpected. The […]
Trump’s tariff power move heads to the Supreme Court
The ongoing debate regarding President Donald Trump’s authority to impose tariffs without congressional approval is anticipated to reach the Supreme Court. The central issue revolves around whether Trump can invoke a 1977 emergency law to impose sudden tariffs on a wide array of countries engaged in business with the U.S. During a recent interview, trade […]
Bitcoin Increases Even with Trump’s Tariff Decisions; Ethereum and Dogecoin Also Improve: Analyst Recommends ‘Buy The Dip’ in August and Hold Until This Time – Grayscale Bitcoin Mini Trust
Despite ongoing worries about the president, major cryptocurrencies rallied alongside stock futures on Sunday. Cryptocurrency Gain +/- Price (recorded at 9:15pm ET) Bitcoin +1.52% $114,739.26 Ethereum +3.85% $3,544.28 Dogecoin +4.25% $0.2019 What happened: Bitcoin trading saw significant volume, even passing the $114,000 mark overnight. This upward movement followed a period of decline, where the leading […]