Economy

Gavin Newsom Sues Trump over Tariffs

California Gov. Gavin Newsom (D) announced Wednesday that the state is suing President Donald Trump over his recent tariffs, claiming that they are hurting the state and that he lacks the authority to enact them.

President Donald Trump talks with California Gov. Gavin Newsom after arriving on Air Force

Trump Allies Urge DOJ to Support Merger that Would Challenge China’s Dominance in Telecom Gear

As the Trump  administration prioritizes winning the trade war against China, conservative leaders are asking Attorney General Pam Bondi and Assistant Attorney General for the Antitrust Division Gail Slater to remove antitrust challenges that they argue hamstring the United States’ ability to compete with Huawei and the Chinese Communist Party in the global telecom market.

President Donald Trump and AG Pam Bondi

AMD to Manufacture Processor Chips in America for First Time Ever

AMD has announced that its key processor chips will soon be produced at TSMC’s new facility in Arizona, marking the first time AMD’s products will be manufactured in the United States. The news comes on the heels of AI giant Nvidia announcing it will produce AI chips and supercomputers in Arizona and Texas.

AMD CEO Lisa Su

Report: Chinese Port Traffic Slows as Tariffs Take Effect

Radio Free Asia (RFA) on Saturday quoted reports from Chinese exporters and port officials who said traffic is visibly slowing down at China’s big port cities of Shanghai and Guangdong, while some factory production has virtually “ground to a halt.”

City skyline under cloudy sky