The U.S. President-elect Donald Trump is set to take office soon. According to a report from Commercial Times, citing Reuters, his transition team is reportedly planning to cut electric vehicle subsidies and impose tariffs on battery materials to boost domestic production and reduce reliance on auto...

NVIDIA might face the risk of losing key customers as delays plague its next-gen smart driving chip, Thor. According to a report from 36Kr, China’s electric vehicle giant Xpeng is considering shelving its plans to integrate the chip, as the US chip giant is said to postpone Thor’s mass productio...

Maybe one of Biden’s export restrictions with the largest scale, a new round of U.S. chip export crackdown on China has been launched last week, targeting 140 entities, led by China’s chip equipment giant Naura Technology. However, the chip war between two superpowers seems to keep escalating, a...

According to a report by The Times of India, the tech industry has faced substantial layoffs in 2024, with approximately 150,000 jobs eliminated across major companies. Tech companies like Tesla, Intel, Cisco, and Microsoft are among those reducing their workforces. The report highlights that the...

During Donald Trump's presidency in 2017, he initiated a large-scale trade war against China, primarily based on Section 301 of the Trade Act. The U.S. imposed high tariffs on Chinese imports to address the U.S.-China trade imbalance and intellectual property disputes. This trade war heightened i...