Nvidia faces a $5.5 billion hit after new U.S. export restrictions on its H20 chips, causing a ripple effect across the semiconductor industry as other chip stocks fall. The Trump administration’s tightened export controls aim to prevent advanced technology from reaching China, raising concerns about the future of U.S. chipmakers.

In a pivotal antitrust trial, Meta CEO Mark Zuckerberg’s lengthy testimony sheds light on internal fears about Instagram’s impact on Facebook. The proceedings could lead to Meta divesting Instagram and WhatsApp, marking a significant shift in the social media landscape.

Orion Corp., creator of the original Choco Pie, is investing $580 million over three years to expand its manufacturing footprint in Korea, Russia, and Vietnam to meet soaring global demand. The substantial investment aims to boost production capacity and efficiency amid overwhelming international appetite for its snacks.

Johannesburg is set to host the highly anticipated Wiki Finance Expo on August 16, 2025, hailed as Africa’s premier event for fintech, crypto, and forex enthusiasts. The expo promises to bring together key players in the financial technology sector.

At the 137th Canton Fair in Guangzhou, Haier Small Domestic Appliances made a striking debut, unveiling their latest AI-powered innovations under the theme “AI for Home, AI for You.”

The Trump administration has initiated investigations into the importation of pharmaceuticals and semiconductors, aiming to impose tariffs on these sectors due to national security concerns. Notices released in the Federal Register outline a 21-day public comment period, signaling potential changes in trade policy affecting critical industries.

As tariffs take effect, China’s major port cities of Shanghai and Guangdong are experiencing a noticeable slowdown in traffic, according to reports from Chinese exporters and port officials. Factory production in some areas has virtually “ground to a halt,” signaling significant impacts on the nation’s economy.

Nearly one in five small-to-midsize firms are pessimistic about their survival over the next five years, as President Trump’s tariff war impacts small businesses. Companies are seeking ways to navigate these challenges and weather the economic storm.

Nvidia’s decision to manufacture AI supercomputers in the United States raises questions about its motives amid looming semiconductor tariffs. Is the tech giant aligning its strategies with political realities?

In response to escalating global trade tensions, the UK government has cut tariffs on dozens of products and announced increased financing for exporters. The measures aim to protect British firms hurt by international tariffs.

In a significant win for consumers and the tech industry, the Trump administration has temporarily exempted key electronics from reciprocal tariffs. The move highlights the consumer’s importance in trade policies and may influence global markets.

President Trump is considering imposing new tariffs on semiconductors after lifting reciprocal tariffs on electronics. The administration’s shifting stance on tech trade policies has left markets and industries grappling with uncertainty, drawing criticism from political opponents.

In a surprising turn of events, former President Donald Trump has lifted reciprocal tariffs on electronics while setting his sights on imposing new levies on semiconductors. Targeting Chinese technology, he has implemented a 20% fentanyl tariff and initiated a “National Security Tariff Investigation” that could reshape the tech industry in the coming months.

The Trump administration has announced that certain electronics will be excluded from reciprocal tariffs, marking a significant shift in trade policy that could impact the technology sector.

President Trump has exempted smartphones, computers, and other electronic imports from new tariffs, aiming to prevent potential price hikes on popular tech products. However, the move has sparked discontent among some Republicans, leading to emerging divisions within the party over economic concerns.

American industries are reeling as escalating tariffs on Chinese imports lead to canceled orders and disrupted supply chains. Experts warn that without a broader pause in the trade war, the damage to U.S. businesses could soon become irreversible.

China’s decision to raise tariffs on U.S. goods to 125% marks a significant escalation in the trade war, prompting swift strategy adjustments by American businesses.

Stocks of major U.S. chipmakers, including Intel and Texas Instruments, are declining as investors react to China’s latest tariffs against the U.S. Concerns over domestic manufacturing footprints are fueling market anxiety amid ongoing trade tensions.

President Trump announced his opposition this week to the sale of Pittsburgh-based U.S. Steel to a Japanese company, signaling a significant shift in his stance on the matter. This development could have far-reaching implications for the proposed deal and international trade relations.

Global markets are reeling as the dollar and stocks tumble while gold reaches record highs following China’s retaliation against the latest U.S. tariffs. Investor panic has returned, signaling a significant shift in market sentiment amid escalating trade tensions between the world’s two largest economies.

Elon Musk announced $150 billion in cost savings for fiscal year 2026 during a Cabinet meeting on Thursday. However, this figure is significantly less than the ambitious $1 trillion he had previously promised to slash, allegedly through Dogecoin.