Tag: Tariffs

South Korea unveils US$23b support package for semiconductors

Posted on   |  by Hyunsu Yim and Jihoon Lee
The South Korea government has increased its support package for the country’s semiconductor industry to ₩33 trillion (US$23.25 billion), up about 25 per cent from a ₩26 trillion package...

Trump says chips from China to face national security, new tariffs

Posted on   |  by Doina Chiacu, Nathan Layne and Jeff Mason
US President Donald Trump says his administration’s latest message that the exclusion of smartphones and computers from his reciprocal tariffs on China will be short-lived, and has pledged a...

US tech and retail stocks lead rout after tariff shock

Posted on   |  by Niket Nishant
The global stock market carnage that followed US President Donald Trump’s sweeping new tariffs rippled through early trading in the United States, slamming a wide swath of key industries...

PM stares down US trade complaints on tech policy

Posted on   |  by Joseph Brookes
Australia will not negotiate with the Trump administration on domestic rules that force US tech companies to pay for Australian news, Prime Minister Anthony Albanese said on Tuesday. It...

Govt to consider import tariffs for high-carbon goods

Posted on   |  by Brandon How
Work to determine the feasibility of import tariffs on emissions-intensive manufactured goods, particularly steel and cement, has begun at the Department of Climate Change, Energy, and Environment. Climate Change...

Push for sovereign capability may enable rent-seeking: PC

Posted on   |  by Brandon How
The Productivity Commission has cast doubt on the effectiveness of greater ‘sovereign capability’ in boosting productivity and has advocated for increased liberalisation of trade to boost innovation diffusion. A...