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Trump Administration Advances Sweeping New Tariffs on Chips, Drones, and Imports

The Trump administration announced a series of aggressive new trade measures, including expanded tariffs on semiconductor manufacturing and imported drones, alongside retaliatory duties targeting Canadian goods. These policy shifts aim to bolster domestic production while intensifying international trade tensions.

3 Sept, 04:40 — 3 Sept, 06:31
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fortuneKorea Heraldbloombergvanguard-ng
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Sources

Showing 4 of 5 sources
bloombergHigh3h ago

Trump Mulls More Chip Tariffs, Traders on Yen Intervention Watch | The Asia Trade 9/3/2026

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)

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fortune2h ago

Toilet paper becomes a kitchen table issue for Trump again as Canada’s retaliatory tariffs could spell another shortage

A tariff fight with Canada is pushing tissue prices higher, echoing the shortage scare that preceded his 2020 election loss.

By Catherina Gioino

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Korea HeraldMostly Factual2h ago

Build in US or pay: Trump revives chip tariff threat

Build chips in America or pay to sell them there. US President Donald Trump's administration has revived its push for targeted semiconductor tariffs, raising pressure on Samsung Electronics and SK hynix to expand US production or face duties on chips made overseas. Commerce Secretary Howard Lutnick said companies manufacturing in the US would receive tariff relief, while those relying on foreign production should expect to pay. “What you’re going to see is targeted, thoughtful tariff policy that

By The Korea Herald

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vanguard-ngMixed3h ago

U.S to demand more proofs for children’s passports in new Trump policy

United States has proposed new rules that would compel parents applying for passports for their children to provide proof of their own citizenship or immigration status. The move, according to a draft guidance reviewed by Reuters, is part of President Donald Trump’s latest push to curtail birthright citizenship in the United States. Under the proposed […] The post U.S to demand more proofs for children’s passports in new Trump policy appeared first on Vanguard News.

By olufemiajasa

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