Are US president-elect Donald Trump’s threats of tariffs an admission of American economic defeat, a tacit acknowledgement that US manufacturers can no longer compete with foreign rivals and must now find protection behind tariff walls to meet domestic demand? It seems so. Moreover, if Trump’s use of the tariffs as a weapon turns out to … Read more
Next week, Donald Trump will become President of the United States. Again. Even before his assumption of the presidency, he seems to have started setting his country’s foreign policy. Among the many items on his agenda, we have witnessed all these ideas and proposals about making Canada the 51st state, seizing the Panama Canal and … Read more
US president-elect Donald Trump called tariffs “the most beautiful word in the dictionary” during his campaign for re-election. Judging by his now well-known character and first-term record, he is certain to walk his talk after his inauguration on January 20 and impose tariffs across the board on all goods imported into the United States. Amid … Read more
The Biden administration has finalised a deal to give Intel nearly US$7.9 billion in federal grants, the largest direct subsidy from a programme to boost domestic semiconductor manufacturing. The agreement for the struggling chipmaker, smaller than an earlier proposed award, means that Intel can begin receiving funds as it hits negotiated benchmarks on projects in … Read more
Increased pressure on the European Union to pick sides between the United States and China when Donald Trump returns to power could widen the bloc’s internal divisions, a panel discussion heard on Sunday. In recent years the bloc has increasingly focused on the competitive aspects of the relationship – having dubbed Beijing a systemic rival … Read more
