After averting the risk of a 100% tariff on its chip sales to the US, the world’s largest contract chipmaker now faces the threat of a $1 billion penalty from Washington

The yuan sank to its weakest level in more than 17 years on Wednesday with US-China trade tipped to be halved by new US tariffs, while US Treasuries were also subject to intense selling

China retaliated on Wednesday after the Trump Administration imposed a 104% tariff on Chinese goods – by hiking their levy on US exports to 84%.

Analysts said both sides seem "unwilling to back down" and they fear "the worst may be yet to come." In that event, China may move to boost domestic consumption, and start war games

Investor fears cooled on Tuesday after China and the EU pushed back against Trump's tariff threats, while advisers and US business leaders urged the President to target business deals

Video game enthusiasts in the US say Trump's tariffs are having negative impacts on them - and they're angry about what he's done

The Hang Seng saw its largest fall since 2008, while stocks in Japan and Taiwan were also hit hard. Over 50 nations are trying to negotiate smaller tariffs with the US

Beijing said it would impose 34% tariffs on imports from the US next week and limits on rare earth minerals, but countries in Southeast Asia are still coming to grips on how they will manage the trade crisis

Trump on Wednesday announced China would be hit with a 34% tariff, on top of the 20% he previously imposed earlier this year

The US has imposed tariffs ranging from 10% to 49% on countries across Asia and the rest of the world – plus two uninhabited Australian islands near Antarctica. In Asia there are fears of a trade war and a recession

The orders for Nvidia's H20 chip - the most advanced semiconductor the group is permitted to sell to China – came in the first three months of this year, a report by The Information said

US venture capital firm is the latest investor 'keen to back' the bid by Oracle and partners for TikTok, but there's doubt on whether a sale can be agreed by Saturday