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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SK Hynix Drops 5% in Seoul, KOSPI Drops 3% Amid Reported US Pressure for Korean Chipmakers to Invest in America; Brent Slips as Iran Tensions Rise
SK Hynix and Samsung slid as South Korean stocks fell amid U.S. investment pressure and escalating Iran tensions.
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