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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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SK Hynix Shares Surge on AI Memory Demand, Boosted by Micron Outlook

SK Hynix Inc saw its shares jump by as much as 9.4%, the most in six months, after the company announced it has begun mass production of its new artificial intelligence (AI) memory chip and competitor Micron Technology Inc offered a positive forecast for the current quarter. This surge reflects growing optimism around the demand for AI chips.


The South Korean firm is producing a 12-layer HBM3E chip, a more advanced version of its high-bandwidth memory (HBM), which is used by Nvidia in AI accelerators. SK Hynix aims to stay ahead of rivals Micron and Samsung Electronics in the booming HBM market, driven by AI pioneers like OpenAI and Google.

Micron’s report that demand for AI hardware will help its first-quarter revenue reach US$8.7 billion, surpassing analyst estimates, also lifted shares across the Asian semiconductor sector, with companies like Disco Corp and Tokyo Electron Ltd benefiting from the wave of optimism. Hanmi Semiconductor Co, a supplier to SK Hynix, saw its shares rise by up to 12%.

As AI accelerators from Nvidia, Advanced Micro Devices (AMD), and others continue to fuel demand for HBM chips, the competition between SK Hynix, Micron, and Samsung is expected to intensify.

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