# US markets
Latest news and articles about US markets
Total: 2 articles found
Trump Slaps 25% Tariffs on South Korea as Markets Rally and Microsoft Unveils New AI Chip
President Trump announced a unilateral increase in tariffs on South Korean cars, lumber and pharmaceuticals from 15% to 25%, citing Seoul’s failure to ratify a bilateral trade deal, while U.S. markets rose as investors focused on tech earnings and Microsoft’s unveiling of its Maia 200 AI chip. The tariff move risks straining a strategic alliance and creating supply‑chain uncertainty even as competition among cloud providers intensifies over in‑house AI hardware.
U.S. Stocks Open Modestly Higher as Memory Shares Lead Gains, Kraft Heinz and Netflix Drag
U.S. markets opened modestly higher, led by gains in memory and storage stocks as investors bet on data-centre and AI-driven demand. Kraft Heinz tumbled after Berkshire registered a large share sale, and Netflix fell after disappointing profit guidance and a pause to buybacks tied to a Warner acquisition.