The United States will impose a tariff of about 100% on semiconductor chips imported into the country, President Donald Trump said on Wednesday.
Trump told reporters in the Oval Office that the new tariff rate would apply to "all chips and semiconductors coming into the United States," but would not apply to companies that had made a commitment to manufacture in the United States.
"So 100% tariff on all chips and semiconductors coming into the United States. But if you've made a commitment to build (in the U.S.), or if you're in the process of building (in the U.S.), as many are, there is no tariff," Trump said.
Source: Investing.com
US bonds fell after jobless claims fell to their lowest level since 2022, one of the last readings on the health of the US labor market before the Federal Reserve's interest rate decision next week. ...
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went down to 191K for the week endin...
Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme...
Private businesses in the US cut 32K jobs in November 2025, following an upwardly revised 47K gain in October, and compared to forecasts of a 10K rise. Hiring was particularly weak in manufacturing (...
Ekonom terkenal Scott Bessent memprediksi bahwa Amerika Serikat kemungkinan akan mengalami pertumbuhan ekonomi yang kuat namun inflasi tetap rendah pada 2026. Menurut Bessent, faktor seperti harga ene...
US stocks closed higher on Friday (December 5), with the S&P 500 up 0.2%, the Nasdaq up 0.4%, and the Dow Jones Industrial Average up 0.2% as weak PCE data and positive sentiment in Michigan strengthened the likelihood of a 25bps Fed rate cut...
Oil prices edged up nearly 1% to a two-week high on Friday (December 5th) amid growing expectations that the US Federal Reserve will cut interest rates next week, which could boost economic growth and energy demand, as well as geopolitical...
Gold closed around $4,210 an ounce on Friday, near its highest level since late October, paring an earlier rally as a series of US data strengthened the case for an imminent Fed rate cut. Delayed September PCE rose 0.3% month-on-month and 2.8%...
Private businesses in the US cut 32K jobs in November 2025, following an upwardly revised 47K gain in October, and compared to forecasts of a 10K...
Asia-Pacific stock markets opened lower on Friday, following the sluggish sentiment on Wall Street. In Australia, the ASX/S&P 200 fell 0.17%. In...
European stocks closed higher on Thursday (December 2nd), supported by a rebound in shares of major banks and automakers. The Eurozone STOXX 50 and...
Ekonom terkenal Scott Bessent memprediksi bahwa Amerika Serikat kemungkinan akan mengalami pertumbuhan ekonomi yang kuat namun inflasi tetap rendah...