
Global Chipmakers Brace for Trump’s 100% Tariffs as EU Seeks Negotiations
Global semiconductor firms face uncertainty as Trump’s 100% tariffs loom; EU seeks negotiations to protect its growing chip sector.
News & Insights Across Asia
Global semiconductor firms face uncertainty as Trump’s 100% tariffs loom; EU seeks negotiations to protect its growing chip sector.
The EU proposes $84B in tariffs on US goods if trade talks fail, responding to US threats. Both sides seek a deal by August 1 to avoid economic fallout.
EU trade ministers debate response to Trump’s 30% tariff threat as bloc extends suspension of countermeasures, balancing negotiation and retaliation.
The EU has pledged a strong and immediate response to U.S. President Trump’s 25% tariffs on European imports, emphasizing the protection of free and fair trade.
The European Union vows to respond to U.S. plans to impose a 25% duty on aluminum and steel imports, raising concerns of a potential trade war.