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Senate Republican floats new tariffs on South Korea

Sen. Bernie Moreno, R-Ohio, is urging US Trade Representative Jamieson Greer to consider imposing tariffs on South Korea over its treatment of Coupang...

Aug 27, 2026 · Staff
Originally on Wedgetail
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Right-leaning US groups push chip curbs

“Dominance in the design and manufacture of advanced AI semiconductors is a national and economic security imperative for the United States and our al...

Aug 27, 2026 · Staff
Originally on Wedgetail
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Fed’s Warsh faces high stakes ahead of Jackson Hole conference

The Federal Reserve chair will have his biggest audience yet when he delivers the keynote speech at the Kansas City Fed’s annual conference.

Aug 27, 2026 · Staff
Originally on Wedgetail
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US eyes potential bans on Canadian imports

President Donald Trump has already pledged to hike tariffs on Canadian steel to 50%, beginning Jan. 1.

Aug 27, 2026 · Staff
Originally on Wedgetail
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North Korea to supply luxury anti-aging cosmetics to Russia: records

A North Korean luxury skincare brand is set to ship its ginseng-based anti-aging creams to the Russian market, according to official records, followin...

Aug 27, 2026 · Staff
Originally on Wedgetail
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Trump's war and tariffs are having a nasty effect on interest rates

Over the last month, Treasury Secretary Scott Bessent has engaged in two controversial and rare interventions in financial markets. The first came in ...

Aug 27, 2026 · Staff
Originally on Wedgetail
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China's workers worry over being replaced as they adapt to growing impact of AI on jobs

Computer programmer Fei Zhaojun's boss asked him if artificial intelligence could soon replace humans in coding jobs. Two weeks later, he was laid off...

Aug 27, 2026 · Staff
Originally on Wedgetail
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Nvidia posts blowout quarter amid sustained chip demand

The chipmaking giant, widely considered a bellwether for the AI market, crushed analysts’ expectations with $96.2 billion in quarterly revenue.

Aug 26, 2026 · Staff
Originally on Wedgetail
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Iran, Oman hammer out Hormuz revenue-sharing deal

Iran said it had reached a revenue-sharing deal with Oman on the Strait of Hormuz, but disagreements reportedly remain between the two countries.

Aug 26, 2026 · Staff
Originally on Wedgetail
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Lobbyists go to work for Canada tariff carveouts

The US levies on wine, dairy and more affect only a sliver of goods, but they could have an outsize impact on select states.

Aug 26, 2026 · Staff
Originally on Wedgetail
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Could a stablecoin jumpstart postwar reconstruction?

A stablecoin could give the Palestinian economy a secure, fast, and cost-effective pathway toward greater financial stability and autonomy. The post C...

Aug 26, 2026 · Staff
Originally on Wedgetail
News
Africa’s next technological leapfrog could lie in electric vehicles and solar

The countries that actively encourage the adoption of EVs will be first to reap the technology’s benefits for society and the economy. The post Africa...

Aug 26, 2026 · Staff
Originally on Wedgetail