Taiwan pushes for special status as U.S. courts weigh fate of IEEPA-based duties
A US trade court ruling that blocked most of former President Donald Trump's sweeping "Liberation Day" tariffs has thrown a wrench into the administration's aggressive trade agenda. However, according to economists at Goldman Sachs, the setback may be more procedural than permanent.
The honeymoon phase is over
On May 28, 2025, AMD announced the acquisition of Enosemi, a Silicon Valley-based company specializing in photonic integrated circuits. The move is aimed at accelerating AMD's development of co-packaged optics technologies to support next-generation AI systems.
A federal court ruling this week has dealt a significant blow to President Donald Trump's trade agenda, suspending a wide array of tariffs he had imposed through emergency executive powers. The decision invalidates the "reciprocal" tariffs announced on April 2, which had triggered volatility in global markets and raised fears of a renewed trade war.
Nan Ya Printed Circuit Board Corporation (Nanya PCB), a top Taiwanese IC substrate maker, cautioned that second-quarter earnings may miss forecasts, citing the sharp rise of the New Taiwan dollar and policy uncertainty surrounding President Trump's proposed reciprocal tariffs. At the May 27 shareholders meeting, Chairman Chia-chau Wu noted that AI-related substrate demand has kept Taiwan's capacity running at high levels, outperforming China, but rising currency pressures and trade tensions are now dragging on export sales.
