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Trump imposes 25% tariff on Nvidia AI chips and others, citing national security
The order follows a nine-month investigation and includes broad exemptions for datacenters and consumers Donald Trump on Wednesday imposed a 25% tariff on certain AI chips, such as the Nvidia H200 AI processor and a similar semiconductor from AMD called the MI325X, under a new national security order released by the White House. The proclamation…
‘They sowed chaos to no avail’: the lasting legacy of Elon Musk’s Doge
The billionaire – who had no government experience – left various federal agencies in disarray while overseeing an ‘efficiency’ drive across Washington As Elon Musk, the world’s richest person, splurged more than $250m on Donald Trump’s 2024 re-election campaign, the US president commissioned his new ally to oversee a sweeping “efficiency” drive across the federal…
Elon Musk’s 2025 recap: how the world’s richest person became its most chaotic
How the tech CEO and ‘Dogefather’ made a mess of the year – from an apparent Nazi salute during his White House tenure to Tesla sales slumps and Starship explosions The year of 2025 was dizzying for Elon Musk. The tech titan began the year holding court with Donald Trump in Washington DC. As the…
Cryptocurrency slump erases 2025 financial gains and Trump-inspired optimism
Last few months of the year have seen $1tn in value wiped from the market, despite all-time-high price of bitcoin As 2025 comes to a close, Donald Trump’s favorable approach to cryptocurrency has not proven to be enough to sustain the industry’s gains, once the source of market-wide optimism and enthusiasm. The last few months…
‘Undermines free speech’: Labour MP hits back at US government over visa ban on UK campaigners
Chi Onwurah speaks out after Marco Rubio accused five Europeans, including two Britons, of ‘seeking to suppress American viewpoints they oppose’ A senior Labour MP has accused the Trump administration of undermining free speech after Marco Rubio, the US secretary of state, announced sanctions against two British anti-disinformation campaigners. Chi Onwurah, the chair of parliament’s…
MPs warn that UK agreements with Donald Trump are ‘built on sand’
Exclusive: UK government’s ‘naive belief’ that Trump is a good faith actor ‘could cost UK taxpayer billions’, says health select committee chair Ministers and senior MPs have warned that the UK’s agreements with Donald Trump are “built on sand” after the Guardian established that the deal to avoid drug tariffs has no underlying text beyond…
UK insists US tech deal not dead as Trump threatens penalties against European firms
Keir Starmer’s office claims UK still in ‘active conversations’ about deal for tech industries in both countries to cooperate Downing Street insists the $40bn Tech Prosperity Deal between the US and UK that is on hold is not permanently stalled. The BBC reported on Tuesday evening that the prime minister’s office claimed that the UK…
US puts £31bn tech ‘prosperity deal’ with Britain on ice
Pledge to invest billions in UK paused, with Washington citing lack of progress on trade barriers across pond The US has paused its promised multi-billion-pound investment into British tech over trade disagreements, marking a serious setback in US-UK relations. The £31bn “tech prosperity deal”, hailed by Keir Starmer as “a generational stepchange in our relationship…