knocking – ThePakistanInsights.com

Trump tariffs risk knocking more than $700bn from global GDP

April 1, 2025

Toyota to inject additional $88m into West Virginia auto parts plant
NAGOYA, Japan — Toyota Motor said Wednesday it will invest an additional $88 million in a West Virginia factory, increasing investment and production in the U.S. as Washington hikes tariffs on imported vehicles and auto parts. The Japanese automaker plans to add an assembly line for hybrid transaxles, a drivetrain component that will be used…
SK Hynix’s Q1 profit dips 8% despite AI and tariff tailwinds
SEOUL — SK Hynix’s profit dipped nearly 8% in the first quarter, though it outperformed market expectations thanks to intensifying AI competition and a rush of orders from clients looking to get ahead of U.S. tariffs. The South Korean chipmaker’s operating profit fell 7.9% from the previous quarter to 7.4 trillion won ($5.2 billion), while…
Surveillance video shows New York-to-Paris flight stowaway slipping past gate agents
NEW YORK — The woman who was able to sneak onto a New York-to-Paris flight without a boarding pass late last year was able to get on the plane by glomming onto a group of ticketed passengers as they passed gate agents, new surveillance video shows. The video, provided by the Port Authority of New…
TSMC aims to produce next-generation 1.4-nm chips by 2028
TAIPEI — Taiwan Semiconductor Manufacturing Co. on Thursday said it plans to put its most advanced 1.4-nanometer chips into production in 2028, as the world’s top chipmaker looks to stay ahead of Samsung and Intel. Also known as the A14 or 14-angstrom node, it is the next generation of chip production technology after 2-nm chips…
Texas man executed for 2004 stabbing, strangling death
HUNTSVILLE, Texas — A Texas man convicted of fatally strangling and stabbing a young mother more than 20 years ago was executed Wednesday evening. Moises Sandoval Mendoza received a lethal injection at the state penitenti in Huntsville and was pronounced dead at 6:40 p.m., authorities said. He was condemned for the March 2004 killing of…
Indonesia defends higher mineral royalties from industry criticism
BALI, Indonesia — Indonesia’s government on Wednesday defended the country’s plan to hike mineral royalties, arguing the policy that has attracted widespread criticism from industry will “benefit” Southeast Asia’s largest economy. Ministers have announced that royalties on nickel ore output will increase from 10% to a range of 14%-19%, depending on price levels, on April 26. Royalties…
California Bar discloses AI was used to develop some questions in problem-plagued Febru exam
LOS ANGELES — The State Bar of California has disclosed that some multiple-choice questions in a problem-plagued bar exam were developed with the aid of artificial intelligence. The legal licensing body said in a news release Monday that it will ask the California Supreme Court to adjust test scores for those who took its Febru…
A dozen Democratic states sue to stop President Trump’s tariffs
Twelve states filed a lawsuit Wednesday challenging the legality of President Donald Trump’s broad tariff agenda, arguing it unlawfully undermines Congress’ constitutional authority to regulate foreign commerce. The legal challenge, led by Arizona Attorney General Kris Mayes and Oregon Attorney General Dan Rayfield, seeks to halt the enforcement of the global tariffs Trump levied that…