Trump, tariff and Greenland
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The Trump administration has numerous tariffs in place, impacting global trade and relations with dozens of countries. Here's what to know.
President Donald Trump imposed the tariff on certain AI chips, such as the Nvidia H200 AI processor and a similar semiconductor from AMD called the MI325X, under a new national security order released by the White House.
Washington — The U.S. and Taiwan have agreed to a deal that would lower tariffs on goods from Taiwan to no more than 15%, and boost Taiwanese semiconductor companies' financing for U.S. operations by half a trillion dollars, the Trump administration announced Thursday.
President Donald Trump enacted a new 25% tariff on “certain advanced computing chips” on Wednesday, according to a White House fact sheet. That includes Nvidia’s H200 chip and AMD’s MI325X. However, chips imported to support building up the US technological supply chain would be exempt.
California, the nation’s top import hub, faces economic fallout as the Supreme Court nears a ruling on Trump’s tariffs and presidential trade powers.
India's GTRI calls for a comprehensive overhaul of import tariffs and customs processes to enhance trade efficiency and boost exports.
A report by the Global Trade Research Initiative (GTRI) said that India's merchandise trade has crossed USD 1.16 trillion, and nearly 29 per cent of gross domestic product flows through customs clearances.
The US imposed a 25% tariff on imports of certain semiconductors, a key step in an agreement blessed by President Donald Trump allowing Nvidia Corp. to ship Taiwan-made H200 artificial intelligence processors to China.