TSMC Arizona’s first chip fab on November 7, 2024 Katie Tarasov U.S. President-elect Donald Trump has accused Taiwan of “stealing” his country’s chip industry. But Taiwan’s biggest chip company is confident the Trump administration will continue funding its projects in the U.S. Taiwan Semiconductor Manufacturing Co has been promised $6.6 billion under the Joe Biden … Read more
Michaelis describes Trump’s vision as one focused on the “maximum concentration of power with the president at the expense of Congress and the [U.S.] states.” According to the document, key democratic institutions, including the legislature, law enforcement and the media, risk an erosion of their independence and could be “misused as a political arm.” The … Read more
Although Trump can only impose punitive trade measures against the entire EU, “you can be pretty sure that the tariffs that he might want to impose will be targeted in such a way that they will particularly hit the German economy,” Habeck argued. In the past, Trump has vented his fury at the European Union … Read more
“This landmark deal proves that open, rules-based trade can deliver for our prosperity and economic security,” European Commission President Ursula von der Leyen said. The bilateral trading relationship is worth more than €100 billion a year — four-fifths in the form of goods and one-fifth in services. Echoing the apprehension around Trump’s tariff ideas, the German car … Read more
As the feud deepens, carmakers are expected to turn even more sharply toward Musk’s Tesla as they race to meet the U.K.’s ambitious net-zero climate targets. As one of Britain’s key green policies, the zero emission vehicle (ZEV) mandate forces carmakers to transition away from petrol and diesel vehicles faster than in any European Union … Read more
The Danish premier said last week that she had requested to speak to Trump but hadn’t yet heard back. At the time, she assured that there was “no reason to believe” Trump actually plans to invade Greenland. Frederiksen told Danish news outlet TV2 in an interview following her call with Trump that their conversation “confirmed” … Read more
Boeing 737 Max planes sit at the airport in Renton, Washington. Leslie Josephs | CNBC Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with a crisis after a midair door panel blowout a year ago and a machinist strike in the … Read more
Another no-confidence vote The real test is further down the line when the 2025 budget bill returns to parliament, which could lead to another vote of no-confidence in late January. It’s likely then that the far right will vote against the government, so Bayrou needs to pick off enough left-wing MPs to survive without alienating … Read more
Yet that doesn’t mean only European providers can offer sovereign cloud solutions. American providers might also be able to protect customer data from United States government access through technical measures such as client-side encryption, encryption with third-party key management or confidential computing. If securely implemented, the American provider can then only disclose data in its … Read more
Red lines Resuming the free-trade talks with Washington would be a red line for France and put Paris and Berlin at odds. Still, Merz’s more critical tone toward China, which contrasts with the fealty shown by Scholz and longtime CDU Chancellor Angela Merkel, might bring Berlin closer to the position defended by Paris and the … Read more
