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Vanguard warns Trump’s tariffs may raise inflation
Vanguard International Semiconductor, a Taiwanese chip manufacturer, has warned that proposed United States tariffs on semiconductor imports could lead to inflation and slow global economic growth.
The company said that its direct exposure to these tariffs is expected to be minimal.
During a post-earnings call, Vanguard Chairman Leuh Fang highlighted uncertainty around the US administration’s tariff proposals.
Recently, the US announced plans to impose 25% tariffs on various imports, including semiconductors, contributing to ongoing trade tensions.
Recent Vanguard developments
| Timeline |
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22-Jan-2025 🤝 Global semiconductor firms, ITE partner to train SG students
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04-Dec-2024 💻 Chipmakers NXP, Vanguard consider expanding SG plant
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05-Nov-2024 📉 Vanguard cuts Ola’s valuation to $2b
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08-Nov-2023 📉 In 50 Words: Investors slash values of Ola, PharmEasy stakes
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01-Aug-2023 📉 In 50 Words: Vanguard cuts Ola stake’s worth by over 50%
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