Category: Trucking News

Trump Casts China Tariff Net Wider — And Catches U.S. Consumers

President Donald Trump is searching for more China-made goods to tax. As the U.S. president threatens tariffs on an additional $200 billion in Chinese imports, he may find it difficult to spare electronic goods, clothing and textiles that account for half of all Chinese exports to the U.S. Last week, Trump's $50 billion hit list of made-in-China goods largely focused on high-technology industries such as robotics, aerospace and cars. "They will focus on electronics,” said Fielding Chen at Bloomberg Economics.


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Intel has paths around Trump’s China tariffs, analysts say

On Friday, Trump said he planned to push ahead with tariffs on $50 billion worth of Chinese imports. While chips were largely spared from the initial list of targeted goods released in April, U.S. trade officials on Friday released a second tariff list of 284 products worth $16 billion that includes the processor and memory chips at the heart of Intel's business.


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Intel has paths around Trump’s China tariffs, analysts say

On Friday, Trump said he planned to push ahead with tariffs on $50 billion worth of Chinese imports. While chips were largely spared from the initial list of targeted goods released in April, U.S. trade officials on Friday released a second tariff list of 284 products worth $16 billion that includes the processor and memory chips at the heart of Intel's business.


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Tesla’s Musk alleges ‘extensive’ employee sabotage

Tesla Inc (TSLA.O) Chief Executive Elon Musk accused an employee of "extensive and damaging sabotage" to the company's operations in an email sent on Monday to company employees. Musk said an employee had made code changes to the company's operating system and exported "large amounts of highly sensitive Tesla data to unknown third parties," according to the email, which was obtained by Reuters. The company is investigating whether the employee "was working with any outside organizations," the email said.


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