If China invades Taiwan and cuts off its chip exports to American companies, the tech industry and the U.S. economy would be crippled.
Category: Customs (Tariff)
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The Looming Taiwan Chip Disaster That Silicon Valley Has Long Ignored
The New York Times – Business: -
FedEx Sues for Refund of Trump Tariffs Rejected by Supreme Court
The New York Times – Business:The company, which did not specify how much it was seeking, is expected to be one of many demanding compensation for levies ruled unlawful.
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Trump Administration Scrambles to Pick Up the Pieces of Broken Tariffs
The New York Times – Business:President Trump is already working to piece his tariff program back together, after a Supreme Court ruling ruptured a centerpiece of his economic agenda.
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Tariff Turmoil Returns to Global Markets
The New York Times – Business:Businesses and U.S. trade partners are again grappling with the uncertainty of President Trump’s trade war, even as he imposes new levies.
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U.K., Australia and Others Worse Off Under Trump’s New Tariffs
The New York Times – Business:Many important U.S. trading partners are facing higher duties after President Trump, reacting to a Supreme Court setback, set the rate on a new set of global tariffs at 15 percent.
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What’s Happened Since the Supreme Court’s Tariff Ruling
The New York Times – Business:After the Trump administration’s punishing tariffs were invalidated, the president said he would impose new tariffs using a different authority. It’s been a whirlwind.
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They Did Deals With Trump to Get Lower Tariffs. Now They Are Stuck.
The New York Times – Business:Countries that under the threat of tariffs made commitments like enormous investment pledges face the reality that they may have been better off waiting.
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Trump’s Trade Gamble Will Continue, Despite Supreme Court Rebuke
The New York Times – Business:The president seems as intent on tariffs as ever and argues that his trade agenda is succeeding, despite little evidence to support it
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Trump Says He Will Raise Global Tariff to 15 Percent
The New York Times – Business:The move signaled that the president would press ahead with steep global tariffs despite the legal setback from the Supreme Court.
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For India, Buying Russian Oil Just Got More Complicated
The New York Times – Business:India’s prime minister acceded to many of President Trump’s demands under pressure of heavy tariffs. It would be awkward to reject them now.