Global Trade Tensions

China Bans Key Mineral Exports To US Amid Semiconductor Trade War

04 Dec 2024

China has announced a ban on the export of gallium, germanium, and antimony to the United States, citing national security concerns. These minerals are crucial for semiconductors and military technologies, intensifying trade tensions between the two global superpowers. The ban, effective immediately, strengthens existing restrictions and applies solely to the...

Donald Trump Warns BRICS Nations Against Dollar Replacement

01 Dec 2024

US President-elect Donald Trump has delivered a clear and forceful message to BRICS nations, including India, Brazil, Russia, China, and South Africa, cautioning against efforts to replace the US dollar in international trade. Speaking on Truth Social, Trump threatened 100% tariffs and restricted access to the US market for nations...

TSMC’s Morris Chang Predicts “Miracles” Amid Global Chip Race Challenges

28 Oct 2024

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, is positioned to continue "creating miracles" in the global semiconductor industry, according to its visionary co-founder Morris Chang. Speaking at TSMC's annual Sports Day, Chang praised the leadership team’s efforts amid complex geopolitical shifts, ensuring that TSMC remains a powerhouse...