Samsung says its TV business will be less affected by new U.S. tariffs, as most North American units are made in Mexico—shielded from recent trade levies. The company plans to adapt global output to navigate ongoing tariff shifts.
Samsung Electronics has announced that its television business is likely to be less impacted by newly imposed U.S. tariffs, thanks to its strategic production in Mexico. According to Yong Seok-woo, President of Samsung’s Visual Display Business, the majority of Samsung TVs sold in North America are manufactured in Mexico, which has largely avoided the latest 10% global baseline tariff and additional reciprocal duties introduced by the U.S. administration.
While competitors such as TCL and Hisense face steep levies due to Chinese-based manufacturing, now totalling up to 54%, Samsung’s diversified production network of around 10 global facilities provides a significant buffer against shifting trade policies. The South Korean tech giant plans to adjust output distribution based on future tariff developments.
Despite this relative insulation in its TV division, Samsung remains cautious about the broader impact of tariffs on other core segments such as memory chips and smartphones, which could see demand contraction. On Monday, Samsung shares fell by 4.3% amidst market jitters driven by tariff concerns.
With growing pressure from Chinese rivals and a volatile trade landscape, Samsung's global production agility could be key in maintaining its leadership in the electronics market.
Western intelligence agencies have issued a rare joint advisory warning of an increasing threat from Chinese surveillance tools targeting activists, journalists, and minorities.
North Korea has rejected international calls for denuclearisation, declaring its nuclear weapons status is "irreversible" regardless of outside pressure. The warning came from Kim Yo Jong, sister of leader Kim Jong Un, in a statement released by state media on Wednesday.
The United States said on Tuesday that 104% duties on imports from China will take effect shortly after midnight, even as the Trump administration launched talks with allies also targeted by the tariff regime.
U.S. President Donald Trump on Tuesday held a high-level call with South Korea’s acting President Han Duck-soo, discussing tariffs, LNG imports, and a potential $44-billion energy deal — just a day before a 25% tariff on South Korean goods is due to take effect.
U.S. Energy Secretary Chris Wright has warned that Iran could face tighter sanctions if it fails to reach an agreement with President Donald Trump over its nuclear programme.
Western intelligence agencies have issued a rare joint advisory warning of an increasing threat from Chinese surveillance tools targeting activists, journalists, and minorities.
North Korea has rejected international calls for denuclearisation, declaring its nuclear weapons status is "irreversible" regardless of outside pressure. The warning came from Kim Yo Jong, sister of leader Kim Jong Un, in a statement released by state media on Wednesday.
The United States said on Tuesday that 104% duties on imports from China will take effect shortly after midnight, even as the Trump administration launched talks with allies also targeted by the tariff regime.
U.S. President Donald Trump on Tuesday held a high-level call with South Korea’s acting President Han Duck-soo, discussing tariffs, LNG imports, and a potential $44-billion energy deal — just a day before a 25% tariff on South Korean goods is due to take effect.
U.S. Energy Secretary Chris Wright has warned that Iran could face tighter sanctions if it fails to reach an agreement with President Donald Trump over its nuclear programme.
The inaugural Samarkand International Climate Forum will kick off on 4th April at the Silk Road Samarkand Congress Center in Uzbekistan. The high-profile forum will be held under the theme "Central Asia Facing Global Climate Challenges: Consolidation for Shared Prosperity."
President Trump’s new tariffs hit 185 countries, with Kazakhstan facing the highest rate at 27%. Kazakhstan now seeks talks with U.S. officials to ease the impact.
The first-ever summit between the European Union (EU) and the five Central Asian nations—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan - began today in Samarkand, Uzbekistan.
The U.S. has pressured Lebanon to act against Hezbollah, urging the Lebanese Armed Forces (LAF) to enforce a ceasefire. The LAF, caught between U.S. demands and Hezbollah’s influence, risks losing vital U.S. support if it fails to act.
Inside Politics explored the impact of Donald Trump’s proposed tariffs on UK exports. Analysts warned of serious economic consequences if Britain fails to act decisively.
The United States said on Tuesday that 104% duties on imports from China will take effect shortly after midnight, even as the Trump administration launched talks with allies also targeted by the tariff regime.
The European Commission's 2024 agri-food report shows that both exports and imports in the sector reached a record level. Despite on-going global challenges, the EU agrifood trade balance is largely positive at €63.6 billion.
Gold prices rose on Tuesday, driven by escalating trade tensions between the U.S. and its major trading partners, along with a softer U.S. dollar. Spot gold gained 1% to $3,013.34, recovering from recent lows, while U.S. futures climbed 1.9%, reaching $3,028.40.
In response to US President Donald Trump’s imposition of tariffs on steel and aluminium, the European Commission has proposed counter-tariffs of 25% on a variety of US goods, a document seen by Reuters revealed on Monday.
Canada has requested WTO dispute consultations with the United States regarding President Donald Trump's decision to impose a 25% tariff on cars and car parts from Canada, the World Trade Organization announced on Monday.
Western intelligence agencies have issued a rare joint advisory warning of an increasing threat from Chinese surveillance tools targeting activists, journalists, and minorities.
North Korea has rejected international calls for denuclearisation, declaring its nuclear weapons status is "irreversible" regardless of outside pressure. The warning came from Kim Yo Jong, sister of leader Kim Jong Un, in a statement released by state media on Wednesday.
The United States said on Tuesday that 104% duties on imports from China will take effect shortly after midnight, even as the Trump administration launched talks with allies also targeted by the tariff regime.
U.S. President Donald Trump on Tuesday held a high-level call with South Korea’s acting President Han Duck-soo, discussing tariffs, LNG imports, and a potential $44-billion energy deal — just a day before a 25% tariff on South Korean goods is due to take effect.
U.S. Energy Secretary Chris Wright has warned that Iran could face tighter sanctions if it fails to reach an agreement with President Donald Trump over its nuclear programme.
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