The US and EU face trade disagreements, primarily due to unclear US plans to lift old tariffs. This has caused a stalemate in steel trade talks. If no resolution is reached by year-end, billions in tariffs could return. Additional disputes involve carbon fees, agriculture rules, data privacy, regulating tech US giants, etc.
The US aims to contain Beijing s tech ambitions, while also trying to avoid collateral damage to chipmakers from partner countries. TSMC, Samsung, and SK Hynix have been granted waivers, reflecting America s changing policies in the semiconductor industry.