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Trump threatens 25% tariffs on EU, says bloc formed ‘to screw’ U.S.

US President Donald Trump holds a cabinet meeting at the White House in Washington, DC, on February 26, 2025.  Jim Watson | Afp | Getty Images U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the economic and political bloc was formed “to screw” the U.S. On Wednesday, during the first Cabinet meeting …

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Nvidia warns of competition from China’s Huawei, despite U.S. sanctions

BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature among Nvidia’s competitors for at least …

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