Tag: Tariff

EconomyTrade

South African Small Business Exports to US Plummet Nearly 50% Following Tariff Changes

South African small and medium-sized enterprises have experienced a dramatic 46% decline in exports to the United States since April, according to new shipping data. The drop follows the implementation of reciprocal tariffs and the elimination of a key duty exemption that previously protected low-value shipments.

Steep Decline in South African SME Exports to US Market

Exports from South African small and medium-sized enterprises to the United States have plummeted by 46% since April, according to reports from international shipping platform TUNL. The company’s SME Export Index, which tracks real shipping volumes from a fixed cohort of 1,850 South African exporters, provides a monthly barometer of how global tariff policies are affecting small businesses.

by Marcus Linfield
ManufacturingSemiconductorsTechnology

Nvidia and TSMC Achieve First US-Manufactured Blackwell AI Chip in Arizona Milestone

In a landmark development for U.S. semiconductor production, Nvidia and TSMC have manufactured the first Blackwell wafer entirely within the United States. This achievement, realized at TSMC’s Arizona facility, signals progress in reshoring critical technology manufacturing. Industry experts suggest it could reinforce America’s role in the global AI hardware sector.

Breakthrough in Domestic Semiconductor Production

In what sources describe as a historic step for U.S. technology manufacturing, Nvidia and TSMC have successfully produced the first wafer for the Blackwell AI chip on American soil. According to reports, the production took place at TSMC’s Arizona facility, with the official announcement made via a Nvidia press release. The achievement is seen as a response to growing onshoring pressures influenced by U.S. policy and tariff measures.

by Marcus Linfield
EconomyTrade

Bundesbank Chief Urges More Assertive European Trade Strategy Toward China

Europe needs to play its economic cards “in a more offensive way” in trade relations with China, according to Bundesbank chief Joachim Nagel. The central bank head emphasized that China needs Europe more than Europe needs China, urging greater confidence in European market strength.

European Trade Strategy Needs More Assertive Approach

Europe should adopt a more assertive stance in its trade dealings with China to protect its economic interests, according to Bundesbank President Joachim Nagel. The central bank chief’s comments come amid shifting global trade patterns following recent tariff measures implemented by the United States.

by Marcus Linfield