But shares in TSMC, the world's largest contract chipmaker have slipped, after US President Donald Trump said he would announce a tariff rate on imported semiconductors over the next week. He did add however, that there would be flexibility on some companies in the sector.

Small factories with tiny profit margins have played a central role in China’s international competitiveness. Many could now face disaster.

China’s leader started a week of diplomacy in Southeast Asia to signal China’s commitment to global trade after U.S. President Trump upended the global economy.

President Xi Jinping’s first overseas trip of the year was meant to showcase China’s clout in the region. Now, President Donald Trump’s tariff threats have turned it into a push to keep Southeast Asian leaders from cutting deals at Beijing’s expense.

A trade war hurts America too but China is especially vulnerable, writes Bob Davis. Read Full Article ⟶ Related Topics: Economy