Economists warn could yield higher prices, retaliation, and limited economic gains. In a move signaling a decisive shift in global economic policy, under the International Emergency Economic Powers Act of 1977, United States President Donald Trump has implemented sweeping new tariffs on imports, ushering in what he termed a “Liberation Day” for the American economy.
READ MORE >Despite a slight dip in the PMI, the U.S. manufacturing sector expanded for the second consecutive month in February 2025. However, new headwinds emerged as businesses grappled with tariff uncertainties and softening demand.According to the latest Manufacturing Institute for Supply Management (ISM) Report On Business...
READ MORE >WASHINGTON—The Semiconductor Industry Association (SIA) today announced global semiconductor sales hit $627.6 billion in 2024, an increase of 19.1% compared to the 2023 total of $526.8 billion. Additionally, fourth - quarter sales of $170.9 billion were 17.1% more than the fourth quarter of 2023, and 3.0% higher than the third quarter of 2024.
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