US President Donald Trump’s new 25% tariffs on imports from Mexico and Canada, along with a doubling of duties on Chinese goods to 20%, took effect on Tuesday, sparking fresh trade tensions with the country’s top three trading partners. In response to the US fentanyl overdose crisis, President Trump escalated the 10% tariff on Chinese imports imposed in February, doubling it to 20%. The tariff measures were implemented at 12:01 a.m. EST (0501 GMT), just hours after Trump announced that the three nations had not done enough to halt the influx of the deadly fentanyl opioid and its precursor chemicals into the US.

In a historic White House press conference, President Donald Trump joined TSMC Chairman C.C. Wei to announce a monumental US$100 billion investment by TSMC in the United States. The event, attended by US Secretary of Commerce Howard Lutnick and White House AI and Semiconductor Advisor David Sacks, underscored America’s aggressive push to reassert dominance in the global semiconductor industry. Beyond the staggering financial commitment, the conference revealed the strategic motivations, economic implications, and key personalities shaping this transformative deal.

At MWC 2025, Chinese smartphone brand Honor announced its bold shift from a smartphone manufacturer to a global leader in the AI-powered device ecosystem. In a highly anticipated pre-show press conference, Honor not only revealed its ambitious Honor Alpha Plan and introduced the Honor AI Agent but also showcased several cutting-edge products, signaling its full-fledged entry into the AI and smart technology space.