TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years

President Trump on Monday said Taiwan Semiconductor Manufacturing Company, the world’s largest chip manufacturer, will spend $100 billion in the United States over the next four years to expand its production capacity and bring its most advanced semiconductor processes to its operations in Arizona. The investment will allow TSMC to begin making artificial intelligence and … Read more

Trump Turns Up Trade Pressure on China After Beijing Fails to Come Running

When President Trump threatened tariffs on Canada, Mexico and China in January, saying those countries needed to do more to stop the flow of drugs and migrants into the United States, Canadian and Mexican officials raced to Washington, bearing charts and videos detailing their efforts to toughen their borders. Canada created a “fentanyl czar” and … Read more

Monday Briefing: Europe Pledges to Support Ukraine

European leaders pledged to support Ukraine The British prime minister, Keir Starmer, declared yesterday that “we are at a crossroads in history,” and announced that European countries would assemble a “coalition of the willing” to defend Ukraine against Russia. Read more here. The announcement followed a meeting in London of 18 European leaders that Ukraine’s … Read more

Japan Fights Its Largest Wildfire in More Than 30 Years

Japan’s largest wildfire in more than three decades was burning through a forested area of a small coastal city on Sunday after killing at least one person, damaging dozens of homes and prompting evacuation orders for thousands of residents, fire officials said. The roughly 1,800-hectare (4,500-acre) fire has been burning for days in Ofunato, a … Read more