Tariffs

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President Xi nevers wastes a good crisis. As Iran, Ukraine and Palestine distract the world, he tightens his grip | Simon Tisdall

Ever the strategist, the Chinese leader is taking the offensive, both abroad and at home. That’s bad news for global order, and minorities in his countryImagine what would happen if a British prime minister in London told the Scots they could not have their own parliament, national football team or fly the saltire. Or if […]

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Trump orders new 15% tariff on key material for solar panels and microchips

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producerDonald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China.The new tariff, which will take effect on 4 December,

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‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo

Quarterly profit jump fuelled largely by unknown US refund amount as Japanese video game giant records overall sales drop Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs.The company said profits surged 53.5% to ¥147.4bn (£694m) over the three months

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US economic growth slowed in fourth quarter of 2025 amid government shutdown

GDP grew 1.4% last quarter, down from economists’ forecast of 3%, though AI and tax cuts could boost growth this yearBusiness live – latest updatesUS economic growth slowed more than expected in the fourth quarter amid disruptions from last year’s government shutdown and a moderation in consumer spending, but tax cuts and investment in artificial

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Donald Trump trashed global economic orthodoxy. A year on, did he leave Australia a winner or loser?

While tariffs have been ‘all show and no substance’, economists fear an AI investment bubble and tensions in the South China Sea, along with Trump’s attacks on the Federal Reserve’s independenceGet our breaking news email, free app or daily news podcastOne year into Donald Trump’s presidency and experts in Australia and around the world can

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Trump imposes 25% tariff on Nvidia AI chips and others, citing national security

The order follows a nine-month investigation and includes broad exemptions for data centers and consumersDonald Trump on Wednesday imposed a 25% tariff on certain AI chips, such as the Nvidia H200 AI processor ​and a similar semiconductor from AMD called the MI325X, under a new national security order released by the White House.The proclamation follows

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