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Why major chip stocks are in the green, despite Trump's 100% tariff threat
President Donald Trump stunned markets Wednesday by announcing 100% tariffs on imported semiconductor chips — but major chip stocks rallied. Taiwanese chip giant TSMC's stock closed 4.9% higher. In South Korea, Samsung Electronics ended 2.5% higher while SK Hynix reversed losses of over 3% in early trade to close 1.4% up.
President Trump threatened on Wednesday to impose a 100 percent tariff on foreign semiconductors, in an effort to bring ...
By Manoj Kumar and Sarita Chaganti Singh NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Thursday he will ...
10hon MSN
President Trump on Wednesday unveiled a hefty new tariff — "approximately 100%" — on imported microchips, unless companies ...
President Trump said Wednesday he plans to impose a 100% tariff on chip imports, with some exceptions for companies that have ...
President Donald Trump imposed an additional 25% tariff on India as punishment for importing Russian oil, according to a ...
Japan pressed the U.S. to swiftly implement an agreed cut to auto tariffs and sought clarification on levies for other goods, ...
4hon MSN
WASHINGTON (AP) — President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, likely raising ...
China’s exports grew at a faster pace in July, surpassing expectations as global businesses await clarity on whether Beijing ...
The Reserve Bank of India has resumed intervention in the non-deliverable forwards market over the past fortnight to manage ...
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