The move is part of Trump's efforts to spur manufacturing in the US. There was also news that Apple will invest $100 billion in its home market

The US says it is talking to officials in the Cook Islands – halfway between Hawaii and New Zealand – after island chiefs signed partnership agreements with China

US President says additional tariffs on semiconductors and pharmaceuticals will be revealed in about a week or so. "People love tariffs," he said in a TV interview

A preliminary estimate by insurance giant Swiss Re said losses from natural catastrophes soared in the first half of 2025

The deal announced on Tuesday is Tokyo's most significant defence sale since the country ended a military export ban

The solar sector lost $60 billion last year with over 40 solar firms delisted, acquired or now bankrupt; and another third of production lines are earmarked for downsizing

Sales of China-made Model 3 and Model Y vehicles, including exports to Europe and other markets, were down 5.2% from June, China's car association said on Monday

Polysilicon companies are in talks about buying up and shutting down a third of China's solar panelmakers, but they need $7 billion

After announcing a 25% tariff on Indian imports, Trump posted stinging remarks on social media about its high tariffs and slandering its "dead economy". Other countries in the Asia-Pacific fared much better.

Nvidia says there are 'no backdoors' in its chips, days after news emerged that Cadence paid $140m to settle US charges it sold goods to a Chinese university simulating nuclear bombs

Tesla has signed multi-billion-dollar battery and chip deals with South Korea's LG Energy Solutions and Samsung, to cut reliance on China because of Trump tariffs

Politburo vows to manage the country's overcapacity crisis that have plagued key sectors – such as EVs, solar and more – by boosting capacity cuts in the second half of this year