US Questions Whether ASML’s Most Advanced Chipmaking Equipment Has Reached China
Washington has raised doubts about the presence of ASML’s top extreme ultraviolet chipmaking tools in China, despite the company’s denial and Dutch export controls.
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US Vice President’s Claim That Iran Gained Nothing from Oil Sanctions Relief Contradicted by Evidence
Despite assertions that Iran did not benefit from oil sanctions relief, decades of US restrictions and recent enforcement actions show Tehran’s oil trade remains a crucial financial lever.
Trade & Tariffs
South Korea Navigates Economic Shifts Amid US-Iran Agreement and Trade Tensions
South Korea faces new economic opportunities and supply chain challenges following the US-Iran deal, while preparing to address trade tensions related to US-imposed tariffs.
Trade & Tariffs
China Resumes Buying U.S. Soybeans Amid Eased Tariffs and Trade Signals
China has reentered the U.S. soybean market with shipments confirmed by USDA, reflecting eased tariffs and improving trade relations, though purchases remain below historic levels.
Trade & Tariffs
US Plans New Tariffs as It Rebates $22 Billion in Invalidated Import Taxes
The US government refunded $22 billion in overturned tariffs but is moving to impose new, more lasting import duties amid ongoing trade investigations and economic pressures.
Trade & Tariffs
IMF Fiscal Recommendations Stir Debate on Telecom Tariffs Amid Nigeria’s Inflation Struggles
Nigeria faces tension between rising telecom levies and inflation as IMF calls for balanced fiscal reforms including social support for vulnerable households.
Trade & Tariffs
Bosch Fined Millions by U.S. for Illicit Parts Sales to Huawei Despite Trade Sanctions
German manufacturer Bosch pays $36 million fine after U.S. authorities discover unauthorized smartphone part sales to Huawei, exposing tensions in global trade enforcement.
Trade & Tariffs
ASML CEO Highlights Europe’s Lagging Position in AI Chip Race Amid Soaring US Demand
ASML’s CEO warns Europe trails behind the US in advanced chip adoption as America accounts for the vast majority of global AI chip consumption and manufacturing capacity ramps up.
Trade & Tariffs
Trump Signs 14-Point Memorandum with Iran at Versailles, Offering Temporary Sanctions Relief
At a high-profile dinner at Versailles, Trump formalized a 14-point Iran agreement that eases sanctions and reopens the Strait of Hormuz, while warning of possible military action.
Trade & Tariffs
Unifor prepares for critical auto sector negotiations amid tariffs and CUSMA uncertainty
As trade tensions and tariffs pressure Canada’s auto industry, Unifor’s negotiations with major automakers start amid job losses and mounting industry challenges.
Trade & Tariffs
Canadian Auto Workers Prepare for Critical Contract Talks Amid Tariff and Trade Uncertainty
Unifor and the Detroit Three automakers begin landmark negotiations as tariffs, Chinese EV imports, and pending trade deal reviews challenge the Canadian auto sector.
Trade & Tariffs
U.S. to Lift Long-Standing Oil Sanctions in Preliminary Deal with Iran
The United States will waive key oil sanctions on Iran under a preliminary agreement, reopening Iranian crude exports to global markets and easing financial restrictions.