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Trump says he told TSMC it would pay 100% tax if it doesn’t build in US

Trump says he told TSMC it would pay 100% tax if it doesn’t build in US

(Reuters) -President Donald Trump on Tuesday said he told the Taiwan Semiconductor Manufacturing Company, which has pledged to build new factories in the United States, it would pay a tax of up to 100% if it did not build its plants in the country.Speaking at a Republican National Congressional Committee event, Trump criticized former President Joe Biden’s administration for providing a $6.6 bil ...

2025-04-09 13:08:02
Trump’s tariffs kick in, deepening trade war and market rout

Trump’s tariffs kick in, deepening trade war and market rout

By Joe Cash and Trevor HunnicuttBEIJING/WASHINGTON (Reuters) - President Donald Trump’s "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negotiations with some nations.Trump’s punishing tariffs have shaken a global trading order that has persisted for decades, raised fear ...

2025-04-09 13:06:02
Mexico stocks lower at close of trade; S&P/BMV IPC down 0.28%

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.28%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares lower.At the close in Mexico, the S&P/BMV IPC declined 0.28% to hit a new 1-month low.The best performers of the session on the S&P/BMV IPC were Regional SAB de CV (BMV:RA), which rose 3.19% or 3.94 points to trade at 127 ...

2025-04-09 13:02:40
Trump’s NASA pick wants to prioritize Mars, setting stage for tense Senate hearing

Trump’s NASA pick wants to prioritize Mars, setting stage for tense Senate hearing

By Joey Roulette and David ShepardsonWASHINGTON (Reuters) -President Donald Trump’s pick to lead NASA will tell senators on Wednesday that the agency will prioritize an astronaut mission to Mars, while four astronauts in the agency’s moon program are set to make a rare appearance at the hearing, sources said. "We will prioritize sending American astronauts to Mars. Along the way, we will inevi ...

2025-04-09 13:01:28