Skip to main content

Featured

Ukraine Faces Deepening Power Shortages After Russian Strikes

A resident shows a journalist where a Russian drone struck the roof of an apartment building, depriving its residents of water, heat and electricity, in Kyiv. Ukraine is confronting one of its most severe energy shortfalls since the start of the full‑scale invasion, with the country currently able to supply only about 60% of its electricity needs. A new wave of Russian missile and drone attacks has heavily damaged power plants and transmission infrastructure across multiple regions, pushing the grid to the brink. Officials report that nearly every major power‑generating facility has been hit in recent weeks. Cities such as Kyiv, Kharkiv, Odesa, and Dnipro have experienced rolling blackouts, leaving millions of residents coping with limited heating, lighting, and communications during the winter season. Ukraine’s government has warned that the situation remains extremely challenging. Engineers are working around the clock to repair damaged facilities, but repeated strikes have slowed...
Post a Comment
Read more

article

Labels

Trump's Tariff Tango: Electronics in the Crosshairs

 

In a move that could reshape the global tech landscape, former U.S. President Donald Trump has hinted at imposing a separate set of tariffs on electronics as early as Monday. This announcement follows a temporary exemption granted to smartphones, computers, and semiconductors from steep reciprocal tariffs on imports from China.

Commerce Secretary Howard Lutnick confirmed that these electronics would soon face new duties, separate from the broader reciprocal tariffs. The administration's rationale? National security concerns and a push to reshore production of critical technology products. While the specifics of these tariffs remain unclear, they are expected to be lower than the 125% rate imposed on other Chinese imports.

The tech industry, including giants like Apple and Dell, is bracing for impact. The temporary reprieve has provided some breathing room, but uncertainty looms as companies and lobbyists scramble to influence the parameters of these upcoming levies.

China, meanwhile, has criticized the move as a "small step" toward correcting what it sees as wrongful actions by the U.S. The Chinese Ministry of Commerce has urged the U.S. to cancel the tariffs entirely and return to mutual respect in trade negotiations.

As the world watches, the ripple effects of these tariffs could extend far beyond the tech sector, potentially influencing global markets and trade dynamics for years to come.

Labels:

Comments

Post a Comment