Trump Plans 10% Tariff Hike on All Imports Hinting at 'Trade War Season 2 2023.12.27 Former U.S. President Donald Trump, who is running for re-election next year, plans to raise tariffs on all foreign imports, including those from allies, by 10 percent if he wins. If realized, the plan could spark a global trade war by spreading protectionism, including retaliatory tariffs by other countries...

U.S. Import Ban Hits Apple Watch: Samsung Eyes Smartwatch Market 2023.12.27 U.S. upholds Apple Watch import ban, granting Samsung an unexpected opportunity in the competitive smartwatch market.

Sam Altman Invests in 125 Startups: Is He the Next Elon Musk? 2023.12.26 OpenAI's CEO, Sam Altman, invested $550 million in 125 startups, focusing on energy, biotech, and cutting-edge technology fields.

Tesla Faces Setback as Swedish Strike Case Ends in Defeat 2023.12.26 Tesla has lost its court appeal to mitigate the impact of the Swedish strike. For the past two months, Tesla service workers in Sweden have been on strike to be included in a collective bargaining agreement. The strikes were in support of unionization...

U.S. Government Contemplates Increase Tariff on Chinese Goods Including Electric Vehicles 2023.12.22 The U.S. government is considering raising tariffs on certain Chinese goods, including electric cars, as part of a long-term review.

US Government Takes Aim at Chinese-Made Legacy Chips: Tariffs on Radar 2023.12.22 The U.S. government plans to counter low-cost Chinese-made legacy chips with tariffs after investigating procurement by domestic companies.

Which Car Owners Are Most Accident-Prone? Driving Habits Exposed 2023.12.22 Ram pickup truck drivers have the highest accident rate in the U.S., while Mercury luxury car drivers have the lowest.

Forbes Reveals the Year's Most Profitable Billionaires in 2023 2023.12.22 Among the world's billionaires, Tesla CEO Elon Musk was the one who increased his wealth the most this year, the U.S. economic magazine Forbes announced on Nov. 19 (local time)...

Alibaba's Change in E-commerce Leadership Sparks Speculation of Possible Sale 2023.12.21 China's Alibaba, which recently replaced the head of its e-commerce division in a shake-up, has been embroiled in talks to sell a major business. The company's performance has been sluggish due to a lack of consumer sentiment in China, and its market position has been shaken by the rise of new competitors such as Pindududu (PDD Holdings)...

Window Breakage of Chinese-Made Tesla Priced at $16,800 Alarms Speculations 2023.12.21 Tesla 'Y RWD' models manufactured in China have been reported to have their rear windows suddenly break. Owners are criticizing the quality of glass made in China, claiming that it broke without any external impact. In response, users are speculating about the 'jaffa phenomenon' as the cause...

Apple Watch Import Ban: White House Holds the Key to Sales Resumption 2023.12.21 It has been reported that the US International Trade Commission (ITC) has denied a request to delay the Apple Watch import ban, leaving only the White House to stop Apple Watch sales. As a result, Apple Watch sales are effectively blocked, and Apple's stock price has fallen.

POSCO Secures 14th Consecutive Win as the World's Top Steelmaker 2023.12.21 POSCO ranked as the world's most competitive steelmaker for the 14th consecutive year. Highest scores in technological innovation, processing costs, human resources, etc.

Chinese car makers increase investment in Mexico, they had a plan [Backbook Global]. 2023.12.20 Chinese electric car makers are investing heavily in Mexico, with plans to circumvent the country's inflation-reducing laws...

EU Takes on Elon Musk's X, Launches Full-Scale Investigation into Fake News 2023.12.19 EU initiates investigation into X (formerly Twitter) for Digital Services Act (DSA) violations related to fake news and illegal content.

Elon Musk's Revenge? Tesla Users Lose Access to Disney+ Streaming 2023.12.19 Elon Musk takes photos with son at political festival, Tesla removes Disney+ from vehicles in response to ad dispute.

Apple Watch 9 Sales Stopped in the US Over Patent Infringement Dispute 2023.12.19 Apple halts sales of Apple Watch Series 9 and Apple Watch Ultra 2 in the U.S. due to patent infringement allegations.

Trade War Risk Rises: China's Expansion Spurs Concerns in Southeast Asia 2023.12.18 Chinese firms expand globally due to domestic economic woes, pursuing growth and raising trade tensions in host countries.

Chinese Semiconductor Firms Turn to Malaysia Amidst US Sanctions 2023.12.18 Due to U.S. export sanctions, Chinese semiconductor designers seek GPU assembly from Malaysian firms, boosting Malaysia's industry.

Chinese Media Blames Congress for U.S. Anti-China Sentiment 2023.12.15 Chinese state media criticizes U.S. Congress for advocating sanctions against China, citing concerns of harming U.S. businesses.

China's Economy Hit Hard by Salary Cuts and Unpaid Wages 2023.12.15 China's economy faces multiple challenges: declining salaries, wage non-payment, deflation, and business closures, raising concerns.

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