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Trade war casts pall as China’s leaders meet

China’s leadership gathered at their largest political event of the year in Beijing on Tuesday, seeking a response to US President Donald Trump’s latest salvo of tariffs targeting an already sluggish economy.The closed-door meetings, known as the “Two Sessions”, are concurrent talking shops of China’s rubber-stamp parliament and a separate political advisory body.Voting is tightly …

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TSMC announces $100 billion investment in new US chip plants

Taiwanese chip-making giant TSMC will invest at least $100 billion in the United States to build “cutting edge” manufacturing facilities, President Donald Trump said on Monday, announcing the latest blockbuster financial pledge by a private company since his return to office.Taiwan Semiconductor Manufacturing Co’s new investment will come on top of their existing commitments and …

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