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Trump advisors argue steep tariffs on countries like Vietnam and Cambodia are needed to erase trade deficits and rework supply chains. The economics say that’s going to be a long shot

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U.S. President Donald Trump, on “Liberation Day,” reserved some of his highest tariff rates for Southeast Asia. Economists expected to see some targets, like manufacturing hub Vietnam, on Trump’s tariffs list. Other targets, like neighboring Cambodia, were more surprising—and all were shocked by the steep tariffs imposed on the region, often extending into the 40% … Read more

Trump tariffs will impact Apple’s non-China supply chains

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Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025. Shawn Thew | Afp | Getty Images In the past few years, Apple has sold Americans iPhones made in India, AirPods from … Read more

Exclusive: Japanese AI startup CADDi that helps manufacturers optimize supply chains gets $38 million in new funding

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CADDi, a Japanese startup that uses AI to help large global manufacturing companies optimize their supply chains, has raised $38 million in new funding from U.K.-based venture capital firm Atomico. The new funding values CADDi at $470 million, the company said. The investment round, which the company is classifying as a “Series C extension,” brings … Read more

What BNB Chain’s Pascal hard fork wants to achieve and when

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Binance-backed BNB Smart Chain is set to undergo the Pascal hard fork, bringing key features from Ethereum’s Pectra upgrade. BNB Smart Chain, the smart contract platform within the BNB Chain ecosystem, is prepping for a major update that borrows features straight from Ethereum’s Pectra upgrade to boost cross-chain compatibility. The new upgrade, which is part … Read more

Several DeFi chains down 90+% since last cycle

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North Korean hackers and shattered on-chain projects have left several decentralized finance blockchains struggling, with tens of millions in user asset outflows. Data from DefiLlama shows that multiple DeFi chains have lost around 90% of total user deposits over the years, particularly since the last crypto cycle. On-chain analyst 0xThoor identified Ethereum Virtual Machine-compatible blockchain Harmony … Read more

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