If the US follows through with an additional 50 per cent duty - after China refused to roll back its retaliatory tariffs
The White House and the Office of the US Trade Representative (USTR), the government department involved in the drafting the proposal, did not respond to requests for comment
This comes after China did not meet the deadline set by President Donald Trump to lift its retaliatory tariffs on American goods
Demand for servers using the company's high-density DRAM also bolstered profit, although the outlook for both smartphones and AI components has become murkier over the last week
The sweeping tariffs he imposed last week will squeeze Apple's iPhone supply chain and make it much more expensive for Amazon, Meta, Google, and Microsoft to build supercomputers to power AI
One early test comes Tuesday, when the US government is set to sell $58 billion of three-year securities, followed by 10- and 30-year maturities later this week
Trump also has bypassed Congress to tax steel, aluminum and auto imports on the grounds that they pose a national security threat to the United States
A second lawsuit, filed in Maryland, also resulted in an order blocking the firings at those same six agencies, plus roughly a dozen more
Nakatani said Japan wants to further deepen security cooperation with NATO and that participation in the NSATU mission would help Tokyo learn lessons from Russia's invasion of Ukraine
China has refused to bow to what it called 'blackmail' and vowed to 'fight to the end' after Trump threatened to ratchet up tariffs to 104 per cent
The trade representative, who oversees the implementation of the tariffs, also said there is no particular timeline for trade negotiations
The missives were the latest volley in an increasingly bitter spat between the two that broke out after Trump last week announced that he was imposing a minimum 10% tariff on most imports
India, the world's third-largest rapeseed producer, has struggled to export significant amounts of rapeseed meal to China because of higher prices
US power demand is rising for the first time in two decades as energy-intensive data centers for artificial intelligence, electric cars, and crypto currencies increase consumption
The REAL ID Act, passed in 2005, was created to improve how the government checks people's identity, recommended by the 9/11 Commission
Elon Musk's net worth dips to $298 billion after Trump's tariff move triggers global market selloff; Tesla stock plunges over 50 per cent, wiping out 2025 gains
Gun control advocates have condemned the Trump administration's latest measures to roll back Biden-era gun control policies, warning that they will contribute to increased gun violence
Indian entrepreneur Shruti Chaturvedi recounts her harrowing 8-hour detention at an Alaska airport over a 'suspicious' power bank
The United States announced a blanket visa ban on South Sudan for failure to accept the return of its deported citizens. South Sudan responds
According to an AP report, the number of beneficiaries who will be affected by such a move remains unclear