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news-15062024-214027

Trump Tariffs: White House Warns of Manufacturing Destruction and Inflation Spike

The White House is criticizing congressional Republicans for supporting former President Donald Trump's tariff plan, which they claim will harm families and worsen inflation. In a memo, White House deputy press secretary Andrew Bates...
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F.A.A. Investigating Counterfeit Titanium in Boeing and Airbus JetsRewritten Title: Counterfeit Titanium Probe in...

Counterfeit Titanium Probe in Boeing and Airbus JetsRecently, concerns have been raised regarding some Boeing and Airbus jets that contain components made from titanium that was sold with counterfeit documentation. These parts, supplied by...
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Investigation into Counterfeit Titanium in Boeing and Airbus JetsCounterfeit Titanium Scandal Rocks Boeing and...

Investigation into Counterfeit Titanium in Boeing and Airbus JetsA recent scandal has emerged involving counterfeit titanium being used in components of Boeing and Airbus jets. The material was purchased from a little-known Chinese company...
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VinFast pushes ahead with Asia expansion, expects to open India plant ahead of schedule

VinFast, a Vietnamese electric car manufacturer, is expanding its operations in Asia despite challenges in the global electric vehicle market. The company's founder, Pham Nhat Vuong, remains optimistic about the future of EVs and...
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VW ID.2: Start of series production brought forward

VW ID.2: Series Production to Begin EarlierThe electric car market is evolving rapidly, with Stellantis and Renault already offering models in this segment. The Volkswagen Group is also gearing up to join the competition....
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China Is Losing the Chip War

China's Struggle in the Chip WarIn a recent phone call between Chinese leader Xi Jinping and President Joe Biden, tensions rose over Washington's ban on the export of American advanced microchips to China. Xi...
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CHIPS Act Wins the Battle, But Not the Semiconductor War | Geopolitical Monitor

CHIPS Act: A Strategic Move in the Semiconductor BattleThe competition over the green economy and global chip industry is shaping up to determine the dominant economic force in the coming decades. With the global...
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Cleveland-Cliffs Is in Talks to Buy US Plants of Russia’s NLMK

Cleveland-Cliffs Explores Acquisition of US Plants from Russia’s NLMKCleveland-Cliffs Inc. is currently in discussions to purchase the US Midwest assets of Novolipetsk Steel PJSC, the largest steelmaker in Russia. Sources familiar with the matter...
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Tesla pushes suppliers to produce parts outside of China and Taiwan

Tesla's Geopolitical StrategyIn a bold move, Tesla has instructed its suppliers to shift production of components and parts away from both China and Taiwan amidst escalating geopolitical tensions. This decision highlights the growing uncertainties...
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The world’s largest chipmaker could flip a kill switch and remotely disable its machines...

The Potential Threat to the World’s Largest ChipmakerIn a recent report by Bloomberg, it has been revealed that Taiwan Semiconductor Manufacturing Co., Ltd (TSMC), the world's largest chipmaker, has the ability to remotely disable...