Nintendo sues the US government for a refund on tariffs
This lawsuit comes after a Supreme Court decision struck down some of the president’s sweeping tariffs, which had impacted Nintendo and thousands of other companies.
Tariffs
Amazon CEO Andy Jassy says tariffs are starting to drive up product prices
Jassy said on Tuesday that while Amazon is trying to keep prices low, price hikes may be unavoidable in some cases.
Taiwan to invest $250B in US semiconductor manufacturing
The U.S. struck a trade deal with Taiwan as the country looks to help boost domestic semiconductor manufacturing.
China is rolling back rare earth mineral restrictions, White House says
The White House released more details Saturday about a trade deal reached between U.S. President Donald Trump and Chinese President Xi Jinping.
China says Nvidia violated antitrust regulations
China is investigating Nvidia’s 2020 acquisition of Mellanox Technologies as trade tensions between the U.S. and China heat up.
Apple to announce $100B further commitment for US manufacturing
This is on top of Apple’s previously announced plan to invest $500 billion into the U.S. over the next four years.
Trump says he’ll announce semiconductor and chip tariffs
This announcement comes as the Trump administration is also mulling over its approach to AI chip export restrictions.
Apple projects tariff costs will hit $1.1B next quarter
While sales growth suggests fear of tariffs helped fuel sales, Cook downplayed the “pull forward” effect, noting that consumers were more motivated by the “strength of the product.”