The US–China trade war extends to the seas as both nations impose new port fees on each other's ships, raising global shipping costs.
Tags: US
US Drug Pricing Deal May Lead to Swiss Medicine Price Hikes
US drug price cuts may push up the cost of new medicines in Switzerland, Roche's CEO warns.
TikTok US Operations Set to Spin Off Under Deal With Oracle, Silver Lake and MGX
TikTok plans to spin off its U.S. operations under a new American-led joint venture to comply with U.S. law.
Canada Signals No Rush to Restart Trade Negotiations With US, Citing No 'Burning Issue'
Canada says it will resume U.S. trade talks when needed, citing no urgent issues and focusing on tariffs and economic partnerships.
SoftBank Offloads Nvidia Stake for $5.8B, Trims T-Mobile Holdings to Fund $22.5B OpenAI Investment
SoftBank is divesting assets, including Nvidia and T-Mobile shares, to fund its $22.5 billion investment in OpenAI, highlighting its shift towards AI focus.
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Intel says it may cancel its next-gen 14A chip without a major customer, a move that could weaken America's position in global semiconductor manufacturing.
Glavprodukt, a U.S.-founded canned food company seized by Russia, shifts focus to China and North Korea as domestic sales plunge.
TikTok plans to launch a separate U.S.-only app by September 2025 amid pressure to sell its American operations.
The U.S. has sanctioned individuals and companies tied to a North Korean scheme using fake American tech identities to fund its missile program.
China confirms eased U.S. export curbs but warns the trade truce remains fragile ahead of key tariff deadline.
Apple, Google, and other Big Tech firms received letters from the US Justice Department on the short-lived TikTok ban.
Oil prices surge over 2% after surprise U.S. airstrikes on Iranian nuclear sites spark fears of conflict and supply disruptions in the Middle East.
US and China reduce tariffs temporarily, but uncertainty remains over the future of their trade deal.
China says the US requested trade talks in Switzerland, but Trump disputes the claim amid ongoing tariff tensions.
