Tag #Global Supply Chain

abcnews.go.com
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US Tariffs on Chinese Goods to Increase Consumer Prices

The U.S. imposed a 10% tariff on all Chinese goods, impacting consumer prices and prompting retaliatory tariffs from China; the U.S. Postal Service suspended accepting parcels from China and Hong Kong.

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52% Bias Score

Reduced Inequality
cnn.com
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Taiwan to Assess Aid for Semiconductor Industry Amid Trump's Tariff Threat

Taiwan's government will assess the need for aid to its semiconductor industry following President Trump's announcement of planned tariffs on imported chips, pharmaceuticals, and steel; Taiwan's trade surplus with the US hit a record $111.4 billion in 2024.

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44% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
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US Imposes Sweeping New Semiconductor Export Curbs on China

The Biden administration announced new semiconductor export controls impacting 140 companies globally, including major US firms like Applied Materials, and South Korean firms like Samsung, aiming to curb China's technological advancement; China condemned the move as "economic coercion".

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44% Bias Score

cnn.com
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Trump's Lumber Tariff to Exacerbate US Housing Crisis

President Trump imposed a 25% tariff on Canadian lumber imports, exacerbating the US housing affordability crisis by raising construction costs; the US sources roughly 30% of its softwood lumber from Canada, and the added cost, coupled with existing duties, will likely increase home prices.

Progress

44% Bias Score

Reduced Inequality
abcnews.go.com
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New Taiwan Semiconductor Plant Strengthens Global AI Chip Production

Taiwan's semiconductor industry took a step forward with the opening of a new plant by Siliconware Precision Industries (SPIL) in Taichung, attended by Nvidia CEO Jensen Huang, highlighting the growing importance of Taiwan in the global AI chip supply chain amid a new US export framework.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure