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Tuesday 8 April 2025
Trump threatens extra 50% tariffs as China stands ground in escalating trade fight; EU proposes 25% retaliatory tariff
US President Donald Trump said he has no plans to suspend tariffs to facilitate trade negotiations, calling this the country's only chance to rebuild its industrial base. He warned that if China does not roll back its 34% retaliatory tariffs on US goods, Washington will slap an additional 50% tariff on Chinese imports, raising the total rate to 104%
Tuesday 8 April 2025
US reciprocal tariffs deal blow to Chinese, Taiwanese manufacturers in Vietnam
On April 2, US President Donald Trump signed an executive order launching a new wave of "Liberation Day" reciprocal tariffs on major trading partners, including China, Taiwan, the EU, Japan, South Korea, Vietnam, Thailand, India, and Malaysia. Rates range from 10% to 46%, with Vietnam hit hardest. China's overall tariff will rise to 54% when a new 34% levy is added to the existing 20%. The measures take effect on April 9, 2025
Tuesday 8 April 2025
Kumamoto prefecture: TSMC's Japan investment undeterred by Trump tariffs
Kumamoto Governor Takashi Kimura recently affirmed that Taiwan Semiconductor Manufacturing Company's (TSMC) commitment to its investments in Japan, particularly in Kumamoto Prefecture, remains steadfast despite tariff escalation threats from the Trump administration. Speaking to Nikkei, Kimura emphasized that the Japan Advanced Semiconductor Manufacturing (JASM) facility, a TSMC subsidiary, was established to cater to domestic Japanese demand. He further noted that assurances of continued investment have come directly from TSMC's headquarters, minimizing the impact of US tariffs on its Japanese operations
Tuesday 8 April 2025
Motherboard makers to halt US shipments by April 9, Japan's CKD plan offers potential relief
The Trump administration's reciprocal tariffs have disrupted global electronics, with mainboard manufacturers shipping to the US until April 9, after which suppliers will halt shipments, sparking a rush to handle inventory and plan for an uncertain future
Tuesday 8 April 2025
Apple, Samsung in tariff crosshairs, Chinese brands watch for aftershocks
US President Donald Trump's latest tariff policy has rattled global markets, pushing industries into rapid damage assessment. While most tech products face varying levels of impact, the smartphone sector appears less directly affected—except for Apple and Samsung, which together dominate the US mobile market
Tuesday 8 April 2025
Chinese Apple product suppliers shift tariff burden to importers
Trump's reciprocal tariffs have thrown the Apple supply chain into a state of flux, highlighting the intricate web of global manufacturing and the escalating trade war. While Chinese manufacturers initially relocated production to Southeast Asia to circumvent previous US-China tariffs, the recent imposition of levies on Southeast Asian nations has forced them to adopt new strategies
Tuesday 8 April 2025
After high-level phone talks, US prioritizes Japan for tariff negotiations
Japanese Prime Minister Shigeru Ishiba and US President Donald Trump have agreed to initiate bilateral discussions on tariff measures, following a phone conversation on April 7. Prime Minister Ishiba conveyed Japan's deep concerns about the potential impact of US tariffs on Japanese companies' investment capabilities, prompting both nations to assign relevant ministers to commence negotiations
Tuesday 8 April 2025
Rapidus in talks with 50 potential US clients as challenges to serving Chinese market persist
Rapidus, a Japanese semiconductor firm aiming to mass-produce 2nm chips, commenced partial trial production at its facility on April 1, 2025. According to Rapidus president Atsuyoshi Koike, the company is currently in negotiations with approximately 40 to 50 prospective clients, including major US tech giants—collectively known as GAFAM (Google, Amazon, Facebook, Apple, and Microsoft)—as well as emerging artificial intelligence (AI) startups, for chip foundry services
Tuesday 8 April 2025
China chokes rare earth supply; robotics sector braces for impact
China has imposed new export restrictions on seven medium and heavy rare earth elements—samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium—through a joint directive from the Ministry of Commerce and the General Administration of Customs. Although intended to curb US access, the move could have far-reaching consequences, with potential disruptions across the robotics sector and its broader supply chain
Tuesday 8 April 2025
Samsung logs profit beat with boost from Galaxy smartphones
Samsung Electronics Co.'s quarterly profit beat expectations after strong demand for its Galaxy S25 smartphones and legacy DRAM outpaced slipping margins in the high-stakes AI memory arena
Tuesday 8 April 2025
US tariffs force Foxconn pivot toward India, Vietnam for non-China, non-US markets
The global electronics industry is bracing for significant disruption after implementing new baseline and reciprocal tariffs announced on April 2. Experts predict that smartphones, personal computers, and servers will be among the first sectors to feel the immediate impact, prompting major manufacturers like Foxconn to adjust their operational strategies rapidly
Tuesday 8 April 2025
Xiaomi SU7 fatal crash exposes risks amid China's fast-tracking of autonomous driving
On March 29, a Xiaomi SU7 operating in Navigate on Autopilot (NOA) mode crashed on a highway in Anhui Province, killing three college-aged passengers. Despite detecting an obstacle and initiating braking, the vehicle collided with a roadside barrier at 97 km/h. The deadly crash quickly went viral on Chinese social media platforms
Tuesday 8 April 2025
Price slashing: An inescapable peril for China's auto industry
Although China's automobile industry has overtaken its competitors on the global stage, the industry itself is suffering from ever-increasing internal competition, with supply chain players pointing to homogeneity as the main culprit
Tuesday 8 April 2025
Taiwan stock market plummets: Trump's tariffs shake TSMC and investor confidence
On April 2, 2025, US President Donald Trump unveiled his reciprocal tariff policy, sparking a global stock market rout. Taiwan's stock market, reopening after the Qingming holiday, could not escape the ripple effects, experiencing its steepest one-day decline in recent years. The Taiwan Stock Exchange fell by 2,086.2 points, equating to a 9.8% drop, as investor confidence was shaken by heightened trade tensions
Tuesday 8 April 2025
DuPont becomes next target in China's expanding antitrust investigations against US firms
As the trade friction and technology war between China and the US continue to intensify, on April 5, 2025, China announced an antitrust investigation into American chemical giant DuPont. Not only is it rare for China to target foreign players in the chemical sector, but this action is also seen as Beijing's response to the recent increase in tariffs and export controls imposed by the US
Veeam Q2 Vault V ANZ
Intel signals overhaul of IDM 2.0 and foundry strategy with Lip-Bu Tan's appointment, says DIGITIMES