US President Donald Trump is turning once again to tariffs, this time targeting semiconductor imports from companies that don’t shift production to the United States.

The move could reshape global supply chains, with ripple effects on Asian chipmakers and global markets.

At the same time, Trump has cut tariffs on Japanese autos to 15%, leaving South Korean automakers at a disadvantage.

Meanwhile, signs of weakness are emerging in the US labor market, with payroll growth slowing and layoffs rising, just as the Federal Reserve weighs a possible rate cut.

In technology, OpenAI is preparing to launch its first in-house AI chip with Broadcom, signaling a new phase in AI infrastructure development.

On Market View, Alexandra Parada speaks to Benjamin Goh, Head of Research and Investor Education at SIAS, to discuss the latest market movements.