percent tariff
Trump administration imposes a 25 percent tariff on high-end chips
Apple's Siri AI will be powered by Gemini The White House names AMD MI325X and NVIDIA H200, in particular. Nvidia founder and CEO Jensen Huang speaks about the Vera Rubin AI platform during a question and answer session with reporters at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 6, 2026. President Trump has signed a proclamation imposing a 25 percent tariff on "certain advanced computing chips," the White House has announced. As notes, the administration previously threatened much bigger and broader tariffs for chips. Trump even said that he was going to impose a 100 percent tariff on companies unless they invest on semiconductor manufacturing in the United States.
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Trump Imposes Limited Tariffs on Foreign Semiconductors
President Trump signed a proclamation on Wednesday to impose a 25 percent tariff on a narrow list of foreign semiconductors, providing a way for the government to earn revenue off the sale of lucrative chips used in artificial intelligence. The tariff, which would take effect Thursday, is far more limited than what the president initially threatened. Last year, the administration began an investigation aimed at encouraging tech companies and chip makers to buy semiconductors made in America. But instead of approving sweeping tariffs that would affect the industry, Wednesday's announcement showed the administration has settled for narrower levies that allow it to take a cut of artificial intelligence chips sold to China. A document released by the White House said a 25 percent tariff would be put on A.I. chips made by companies like Nvidia and AMD that are imported into the United States and then re-exported to other countries. The tariff would not apply to semiconductors that are brought into the country to be used domestically in data centers or in products for American consumers, industry or the government.
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Trump-Xi meeting: What's at stake and who has the upper hand?
Is the US eyeing its next Latin American target? Why is Trump tearing down parts of the White House? Trump-Xi meeting: What's at stake and who has the upper hand? United States President Donald Trump expects "a lot of problems" will be solved between Washington and Beijing when he meets China's President Xi Jinping in South Korea for a high-stakes meeting on Thursday, amid growing trade tensions between the two. Relations between the two world powers have been strained in recent years, with Washington and Beijing imposing tit-for-tat trade tariffs topping 100 percent against each other this year, the US restricting its exports of semiconductors vital for artificial intelligence (AI) development and Beijing restricting exports of critical rare-earth metals which are vital for the defence industry and also the development of AI, among other issues. On the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, South Korea, on Wednesday, Trump said an expected trade deal between China and the US would be good for both countries and "something very exciting for everybody".
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AMD's shares surge on deal to supply AI chips to OpenAI
AMD's shares surge on deal to supply AI chips to OpenAI United States chipmaker AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10 percent of the company. Shares of the chipmaker surged more than 34 percent on Monday when the deal was announced, putting them on track for their biggest one-day gain in more than nine years and adding roughly $80bn to the company's market value. "We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry," AMD executive vice president Forrest Norrod told the Reuters news agency. The agreement closely ties the startup at the centre of the AI boom to AMD, one of the strongest rivals of Nvidia, which recently agreed to make substantial investments in OpenAI. Analysts said it was a significant vote of confidence in AMD's AI chips and software but is unlikely to dent Nvidia's dominance, as the market leader continues to sell every AI chip it can make.
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The New Nintendo Is Here. It's Missing Something Crucial That the Previous Ones Have All Had.
Of the many reasons Nintendo has flourished during its four-decade run in the video game industry--a Pixar-like dedication to quality, a memorable roster of mascots, an inherent creative brightness that cuts against the grimdark fantasies promulgated by other franchises--the company's prime advantage might be its commitment to affordability. The Nintendo Switch, a massively successful console that first made landfall in 2017, retailed for 299--a bargain compared with the 599 Xbox Series X and 699 PlayStation 5 Pro. The motion-controlled triumph that became all the rage in retirement homes during the mid-2000s? It was priced at 249, half as much as the lumbering PlayStation 3 which arrived one week prior. It's a strategy that has sent an enduring message to consumers.
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I tested Copilot Vision for Windows. Its AI eyes need better glasses
The whole point of Microsoft Copilot Vision for Windows is that it's like an AI assistant, looking over your shoulder as you struggle through a task and making suggestions. So, I was pretty convinced that if Microsoft were to release Copilot Vision for testing, it would be able to do something simple like help me play Windows Solitaire. Sometimes, Microsoft's new Copilot Vision for Windows feels like a real step forward for useful AI: this emerging Windows technology sees what you see on your screen, allowing you to talk to your PC and ask it for help. Unfortunately, that step ahead is often followed by that cliché: two steps back. Copilot Vision for Windows is, at times, genuinely helpful. Outside of some nostalgic tears by former Microsoft CEO Steve Ballmer, the announcement of Copilot Vision for Windows was the highlight of Microsoft's 50th anniversary celebration at the company's Redmond, Washington campus.
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Xi arrives in Malaysia with a message: China's a better partner than Trump
Kuala Lumpur, Malaysia – China's President Xi Jinping has arrived in Malaysia as part of a Southeast Asian tour which is seen as delivering a personal message that Beijing is a more reliable trading partner than the United States amid a bruising trade war with Washington. Xi arrived in the capital, Kuala Lumpur, on Tuesday evening in what is his first visit to Malaysia since 2013. He flew in from Vietnam where he had signed dozens of trade cooperation agreements in Hanoi on everything from artificial intelligence to rail development. On touching down, Xi said that deepening "high-level strategic cooperation" was good for the common interests of both China and Malaysia, and good for peace, stability and prosperity in the region and the world", according to the official Malaysian news agency Bernama. Xi's three-country tour and his "message" that Beijing is Southeast Asia's better friend than the truculent administration of US President Donald Trump comes as many countries in the 10-member Association of Southeast Asian Nations (ASEAN) bloc are unhappy with their treatment after the US imposed huge tariffs on countries around the world. "This is a very significant visit.
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The Morning After: Ontario cancels then un-cancels its Starlink contract over tariff trade war
After President Trump announced a 25 percent tariff on nearly all Canadian imported goods (and Canada announced its own 25 percent tariff on American imported goods), Doug Ford, the premier of Ontario -- and a former supporter of President Trump -- announced the Canadian territory would be "ripping up" a 100 million contract with Elon Musk's Starlink. The contract was signed in November last year. Musk, boss of Starlink and the richest man in the world, is a close confidant of Trump and has control over the so-called Department of Government Efficiency, or DOGE (urgh), tasked with cost-cutting and deregulation in government. Ford believed this was enough to link Musk (and his businesses) to Trump's tariffs. He said Ontario "won't do business with people hellbent on destroying our economy" and that Musk wants to "take food off the table" of hard-working Canadians.
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From Trump to Bitcoin, inflation and China: the big economic trends of 2024
The year 2024 saw the global economy stabilise following the fallout of the COVID-19 pandemic, even as growth in many countries lagged pre-2020 levels. Amid a patchy recovery, more than 2 billion people were eligible to vote this year, and economic issues, particularly rising living costs, were a top concern for voters around the world. Meanwhile, governments grappled with how to regulate potentially transformational technology such as artificial intelligence, and Donald Trump's victory in the United States' presidential election heralded a sharp turn towards protectionism. Trump has indicated that he will pursue an even more aggressive version of the "America First" protectionism that fuelled his rise to power during his second stint in the White House. On the campaign trail, Trump pledged to impose tariffs of 60 percent or higher on Chinese goods and a blanket 20 percent tariff on all other imports.
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U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades
WASHINGTON - U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25 percent tariffs on Chinese goods, slowing the U.S. innovation engine, technology industry executives said on Monday. Trump's administration is preparing to levy tariffs on an additional $300 billion worth of Chinese imports after a public comment period ends on July 2 if the U.S. and Chinese presidents cannot relaunch talks to end their trade war. The two countries have been at odds since July 2018 over a host of U.S. demands that Beijing adopt policy changes that would better protect American intellectual property and make China's market more accessible to U.S. companies. Consumer technology products, including cellphones, laptop and tablet computers, smart speakers and video gaming consoles, would make up $167 billion of that $300 billion total, or more than half the target list, said Sage Chandler, vice president of international trade for the Consumer Technology Association. Chandler told a hearing on the tariffs hosted by the U.S. Trade Representative's office that imposing the tariffs would raise the retail price of cellphones by an average of $70, while the price of laptop computers would rise by $120 and video game consoles by $56.
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