China hits back at Trump tariffs with 34% tax on US goods

China has retaliated against the tariffs imposed by former US President Donald Trump by introducing a 34% tax on American goods, alongside new restrictions on the export of certain rare earth materials. This move intensifies the ongoing trade war between the two economic giants, as Beijing seeks to counteract Washington’s aggressive policies. Trump had previously […]

Increasing geopolitical rivalry in chip and semiconductor manufacturing

Geopolitical competition over chip and semiconductor production is intensifying, especially between the United States and China, as tensions escalate around Taiwan’s critical role in this field. Taiwan produces 60% of the world’s sub-7-nanometre advanced chips, which are crucial for artificial intelligence, 5G technologies, and military systems, placing the island nation at the centre of a […]