Allianz's Zeng on Fed Rate, De-Dollarization
Jenny Zeng, Allianz Global Investors Deputy Head of Fixed Income & APAC Fixed Income CIO, speaks on Bloomberg TV about the Fed rate and the trend of de-dollarization. (Source: Bloomberg)
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Washington Post
a minute ago
- Washington Post
A pause on higher tariffs for China is due to expire Tuesday. Here's what to know.
TAIPEI, Taiwan — A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended. After the most recent round of China-U.S. trade talks, held late last month in Stockholm, Chinese and U.S. officials said they expected the deadline to be extended for another 90 days. The U.S. side said the decision was up to President Donald Trump. So far there has been no formal announcement about whether he will endorse an extension or push ahead with the higher tariffs.
Yahoo
29 minutes ago
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Trump Bid for Cut of Nvidia, AMD Revenue Risks ‘Dangerous World'
(Bloomberg) -- Even in an administration that has repeatedly pushed the legal limits of using economic statecraft to reshape the global business landscape, a new deal with two tech giants is raising alarm bells among trade experts. Sunseeking Germans Face Swiss Backlash Over Alpine Holiday Congestion New York Warns of $34 Billion Budget Hole, Biggest Since 2009 Crisis Three Deaths Reported as NYC Legionnaires' Outbreak Spreads A New Stage for the Theater That Gave America Shakespeare in the Park Chicago Schools' Bond Penalty Widens as $734 Million Gap Looms Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay the US government 15% of revenue from some chip sales to China. The chips — Nvidia's H20 AI accelerator and AMD's MI308 chips — were earlier banned by the Trump administration and require export licenses to sell. 'To call this unusual or unprecedented would be a staggering understatement,' said Stephen Olson, a former US trade negotiator now with the Singapore-based ISEAS – Yusof Ishak Institute. 'What we are seeing is in effect the monetization of US trade policy in which US companies must pay the US government for permission to export. If that's the case, we've entered into a new and dangerous world.' The chip-payment arrangement is the latest legally questionable, heavy-handed government intervention into business since US President Donald Trump returned to the Oval Office in January. Along with his chaotic tariff campaign and persistent criticism of a sitting Federal Reserve chairman, Trump has used his Truth Social platform for everything from calling on CEOs to resign to offering commentary on corporate advertising campaigns. Trump's transactional policy approach saw him approve the sale of United States Steel Corp. to Japan's Nippon Steel Corp. in a $14.1 billion deal that included caveats such as agreeing to US national security rules and a 'golden share' for the US government. Japan, South Korea and the European Union all pledged to invest billions in the US, helping secure tariff rates of 15%, while companies such as Apple Inc. have also skirted levies by promising to invest hundreds of billions of dollars. The Nvidia and AMD revenue-sharing deals may now prompt the White House to target other industries and goods, according to Deborah Elms, head of trade policy at the Hinrich Foundation in Singapore. 'The sky is the limit,' she said. 'You could come up with all sorts of company-specific, country-specific combinations that would say, 'No one else can trade, but if you pay us directly, then you get the ability to trade.'' Although Nvidia and AMD agreed to the terms, there are questions about the legality of the agreement, Elms said. The arrangement looks like an export tax, which is forbidden by the US Constitution. The Trump administration is already in the midst of a lawsuit related to his use of the International Emergency Economic Powers Act to levy what he called 'reciprocal' tariffs on the world. On Friday, Trump warned of a 'GREAT DEPRESSION' if US courts ruled that his tariffs were illegal. Chips are at the heart of the US-China battle to dominate industries of the future such as AI and automation. The Biden administration restricted the sale of advanced chips to China, prompting Nvidia to develop the H20, which skirted such restrictions. Trump administration officials tightened export controls in April by barring Nvidia from selling the chips without a permit. Last month, however, the White House decided to allow Nvidia and AMD to resume sales of chips designed specifically for the Chinese market, which are several rungs below the most advanced artificial intelligence accelerators. Commerce Secretary Howard Lutnick said the administration wanted Chinese developers 'addicted' to American technology. China has grown increasingly hostile to the idea of Chinese firms deploying the H20, particularly after the US called for the chips to be installed with tracking technology to better enforce export controls. Yuyuantantian, a social media account affiliated with state-run China Central Television that regularly signals Beijing's thinking about trade, on Sunday slammed the chip's supposed security vulnerabilities and inefficiency. Still, Chinese companies could use the H20s because domestic firms can't produce enough AI chips to meet demand. That potentially provides an opportunity for Nvidia and AMD to sell more — and now for the US government to earn additional revenue as well. Trump has yet to extend a 90-day trade truce between the US and China, which is set to expire on Aug. 12. Lutnick said last week that the detente was 'likely' to continue as the world's biggest economies continue to engage in talks ahead of a possible meeting between Trump and Chinese President Xi Jinping later this year. 'There's clearly a shift by the administration to take a lighter national security stance as these negotiations are ongoing,' said Drew DeLong, lead in geopolitical dynamics practice at Kearney, a global strategy and management consulting firm. China Draws Red Lines on US Chip Tracking With Nvidia Meeting While the US has intervened before, including by taking stakes in private companies after the 2008 financial crisis, a similar deal like the one struck with Nvidia and AMD is hard to remember and — without proper oversight — could lead to a 'crony capitalism state,' according to Scott Kennedy, senior adviser at the Center for Strategic and International Studies in Washington. 'It represents a huge shift in the way the American economy is supposed to operate,' Kennedy said. 'It won't make anyone happy except maybe the Chinese, who will get their chips and watch the US political system go through gyration and domestic tensions.' The Game Starts at 8. The Robbery Starts at 8:01 The Pizza Oven Startup With a Plan to Own Every Piece of the Pie Digital Nomads Are Transforming Medellín's Housing Russia's Secret War and the Plot to Kill a German CEO It's Only a Matter of Time Until Americans Pay for Trump's Tariffs ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29 minutes ago
- Yahoo
Market to Reach $18.23 Billion by 2034 - AI and Machine Vision Propel Expansion
The Asia-Pacific machine tending robots market, projected to grow from $6.71 billion in 2024 to $18.23 billion by 2034, showcases an impressive CAGR of 10.50%. This surge is driven by the rising demand for automation to enhance productivity and cut costs, amid labor shortages in APAC. Technological advancements, such as AI-driven controls and machine vision, propel the industry, particularly in China, Japan, South Korea, and India. Key trends include the adoption of cobots, AI integration, and Industry 4.0 connectivity. Despite challenges like high initial investments, the market's trajectory is supported by manufacturing modernisation and favorable government policies. Asia-Pacific Machine Tending Robots Market Dublin, Aug. 11, 2025 (GLOBE NEWSWIRE) -- The "Asia-Pacific Machine Tending Robots Market: Focus on Application, Product Type, Country Analysis - Analysis and Forecast, 2024-2034" has been added to Asia-Pacific machine tending robots market, valued at $6.71 billion in 2024, is expected to reach $18.23 billion by 2034, exhibiting a robust CAGR of 10.50% during the forecast period 2024-2034. The market for machine tending robots in the APAC region is mostly driven by the growing need for automation to increase industrial productivity and reduce operating costs. Manufacturers are adopting sophisticated robotic solutions as a result of growing labour shortages and the need for more precision in repetitive activities. More money is being invested in intelligent, adaptable systems, particularly as firms look to increase output consistency and streamline manufacturing. More intelligent and flexible machine tending applications are being made possible by ongoing developments in sensor technology, AI-driven controls, and machine vision. This is contributing to the strong market expansion across a variety of industries in nations including China, Japan, South Korea, and India. The market for machine tending robots in Asia-Pacific (APAC) is expanding significantly due to the region's ongoing transition to smart manufacturing, fast industrialisation, and labour shortages. Because they may increase productivity, lower operating costs, and improve workplace safety, machine tending robots - which automate the loading and unloading of parts in CNC machines, injection moulding units, and other manufacturing equipment - are becoming more and more popular in programs like "Made in China 2025" and India's Production Linked Incentive (PLI) schemes, which encourage automation, domestic manufacturing, and innovation, are helping China, Japan, South Korea, and India lead the adoption. Small and medium businesses (SMEs), who were initially apprehensive because of the high capital needs, are now progressively embracing modular solutions and collaborative robots (cobots) since they provide flexibility and a quicker return on intelligence and adaptability have been improved by technological developments in artificial intelligence (AI), machine vision, and force control. This has enabled deployment in a variety of industries, including consumer products, electronics, metalworking, and automotive. The market for APAC machine tending robots is expected to grow steadily despite obstacles such high initial investment, integration complexity, and skills gaps. This growth will be aided by industrial modernisation, advantageous legislation, and the growing demand for reliable, highly accurate production methods. How can this report add value to an organization?Product/Innovation Strategy: The product segment provides a comprehensive overview of the various robot types available in the market, detailing their unique functionalities, performance characteristics, and industrial applications. Categorizing robots into groups such as articulated, Cartesian, SCARA, delta, and others enables readers to grasp how each type caters to specific operational requirements and enhances manufacturing efficiency. This segmentation ultimately aids in understanding the technological diversity and competitive landscape within the APAC machine tending robots Strategy: The APAC machine tending robots market has seen major development by key participants operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategies of the companies have been partnership, collaboration, and joint venture activities to strengthen their position in the APAC machine tending robots Strategy: Key players in the APAC machine tending robots market analyzed and profiled in the study include companies developing advanced automation solutions and integrated robotics systems. The analysis covers market segments by distinct robot types, applications served, regional presence, and the impact of key market strategies. Additionally, detailed competitive benchmarking has been conducted to illustrate how players compare, providing a clear view of the market landscape. Key Attributes: Report Attribute Details No. of Pages 73 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $6715.58 Million Forecasted Market Value (USD) by 2034 $18233.55 Million Compound Annual Growth Rate 10.5% Regions Covered Asia Pacific Market Dynamics Market Drivers Labor Shortages and Cost Pressures Productivity, Throughput, and Quality Imperatives Technological Advancements and Industry 4.0 Initiatives Market Challenges High Initial Investment and ROI Concerns Technical Complexity and Skills Gap Integration and Process Constraints Market Opportunities Untapped Industries and SMEs Advancements in Technology and Service Models Global Supply Chain Reconfiguration and Resilience Strategies Key Market Players FANUC CORPORATION Alfa Robot Seiko Epson Corporation OMRON Corporation Madox Technologies Pvt. Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Asia-Pacific Machine Tending Robots Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
