Trump's Tariffs Were Built to Close the Trade Gap. The AI Buildout Is Keeping It Open
The July goods gap widened to $118.8B as capital goods imports hit a record $140.1B and Korean chip shipments to the US surged 68.7%
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KOSPI Sinks Over 12% in Worst Two-Day Drop Ever as AI Chip Sell-Off Deepens After SK Hynix Misses Expectations
South Korea's KOSPI plunged 6% as a broader chip selloff and Chinese competition fears overpowered SK Hynix's record Q2 earnings.
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- Jul 29, 2026, 7:27 AM
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