Apple ups India iPhone production as country’s Russia ties irk Trump

Apple ups India iPhone production as country’s Russia ties irk Trump

Apple has reportedly boosted iPhone production in India as the country faces pressure from the White House over its Russian oil purchases. “We have planned to up the tariffs on India,” Treasury Secretary Scott Bessent told CNBC’s “Squawk Box” on Tuesday. “These are secondary tariffs for buying the sanctioned Russian oil.” Bessent accused India of “profiteering”…

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Las Vegas tourism is down. Some blame Trump’s tariffs and immigration crackdown

Las Vegas tourism is down. Some blame Trump’s tariffs and immigration crackdown

LAS VEGAS — Tourism in Las Vegas is slumping this summer, with resorts and convention centers reporting fewer visitors compared to last year, especially from abroad, and some officials are blaming the Trump administration’s tariffs and immigration policies for the decline. The city known for lavish shows, endless buffets and around-the-clock gambling welcomed just under…

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Nvidia working on new AI chip for China that outperforms the H20, Reuters reports

Nvidia working on new AI chip for China that outperforms the H20, Reuters reports

Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell there, two people briefed on the matter said. U.S. President Donald Trump last week opened the door to the possibility of more advanced Nvidia chips being sold in China. But the sources noted U.S. regulatory approval is far from guaranteed amid…

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