European Commission: Ready to Take Countermeasures Against U.S. Tariff Increases
European Commission spokesperson: The EU is ready to take countermeasures against the US for raising tariffs, and the Commission is currently in final consultations on expanding these countermeasures. We express strong regret over the US announcement to increase steel import tariffs, as it undermines efforts to reach a negotiated solution.
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The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.
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