US politics

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

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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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Exclusive: Emails reveal Palmer Luckey’s political fundraising as his company wins sole-source contracts

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Co-founder of defense firm Anduril has donated $5.9m to Republicans and bundled more, while reaping billions in Pentagon contractsWealthy Republicans on the west coast received an emailed invitation in July to an upcoming fundraiser titled “Keep the Senate”. The email, obtained by the Guardian, described the event as a “private roundtable and dinner with the

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

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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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China’s tech advances are causing chaos from Silicon Valley to the White House

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New AI models, advanced robots and specialty computer chips are unsettling markets and the US tech industryOver the past month, a series of advancements in China’s artificial intelligence, chip manufacturing and robotics technologies have rattled financial markets, caused divisions among US tech moguls and left the Trump administration scrambling to respond.Silicon Valley has long pointed

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McCarthyism has returned to the United States – and this time it’s even more dangerous | Judith Levine

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Trump’s campaign of repression echoes the red scare. But now the government has bigger ambitions and more powerful toolsThere are many parallels between the first McCarthy era, roughly 1946 to 1956, and Trump’s campaign of political repression, his own updated McCarthyism.Both regimes crafted a monster of quasi-facts and innuendo and fed it with fear: an

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FCC bans humanoid robots from China, citing ‘unacceptable risks’

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Move comes as the Trump administration has increasingly sought to keep Chinese technology out of the USThe Federal Communications Commission announced a ban on humanoid robots from China on Tuesday, saying that the technology poses “unacceptable risks” to the country’s national security. The move comes as the Trump administration has increasingly sought to keep Chinese

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‘I got carried away’: Elon Musk expresses regret about Doge and wading into Trump’s orbit

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Billionaire in interview with the Economist admits he was too consumed by politics and shares predictions about AIElon Musk has admitted he became too consumed by politics during his volatile alliance with Donald Trump and his brief appointment as the president’s financial axman, running the so-called “department of government efficiency” (Doge).The world’s richest person, and

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Social Darwinists to tech bros: tracing the long fight against equality in US

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Historian Kim Phillips-Fein’s book Country of Lords looks back at the many men who have tried to fight against egalitarianism, from John Adams to Peter ThielThe historian Kim Phillips-Fein’s new book is published amid celebrations of the 250th anniversary of the declaration of independence and its truth “self-evident, that all men are created equal”. Country

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Trump made $1.4bn from crypto in one year. Is Justin Sun the man who helped him do it?

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The entrepreneur is known in Washington as the financial power behind the president’s crypto fortune. How did Sun’s business love-in with the Trump family spiral into dueling lawsuits?The most infamous financial scandal in US presidential history – the 1920s Teapot Dome affair – involved then president Warren G Harding’s interior secretary, Albert Fall, taking roughly

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‘AI accountability agenda’: US senator unveils package of bills to curb tech’s harms

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Exclusive: Senator Ed Markey on why he has proposed legislation aimed at curbing datacenters, automated hiring systems and harm to childrenUS senator Ed Markey is worried about the perils of unregulated artificial intelligence.What part? All of it: the costs associated with thirsty, energy-guzzling datacenters, intrusive workplace surveillance, bias in discriminatory algorithms, AI overriding workers’ judgments,

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