Aug. 12, 2025, 4:07 a.m.

How much impact will the US's proposed 100% tariff on imported semiconductors have on the Philippines?

Recently, US President Trump announced that the United States will impose a 100% tariff on imported semiconductor products.

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The chain reaction of the US tariff policy has become prominent: the negative economic effects are gradually emerging, and the future is full of uncertainties

Recently, a series of developments in the US economy have drawn widespread attention, among which the chain reaction brought about by the tariff policy has become the focus.

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Japan's Q2 Economy: A Mixed Picture of Recovery

Japan recently released its Q2 economic data, showing that its gross domestic product (GDP) grew by 0.2% quarter-on-quarter.

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The profits of Japan's seven major automakers have shrunk by 2.6 trillion yen

On August 7th local time, the Nikkei Shimbun reported that due to the US government's auto tariffs, Toyota, Honda, and other seven major Japanese automakers expect that their combined operating profits for the fiscal year 2025, from April 2025 to March 2026, will decrease by approximately 2.67 trillion yen, equivalent to about 130.2 billion yuan, which is more than 30% of the profits of the seven automakers in the previous fiscal year.

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As Trump's new tariffs take effect, the US economy shows signs of strain

President Trump officially implemented hefty import tariffs on several countries on August 7th. Since announcing the policy in April, despite the Trump administration's belief that it would boost the US economy, its negative impact has gradually become apparent.

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The US tariff policy: Like throwing a stone to hit oneself in the foot

Recently, the US tariff policy has once again become the focus of the international economic arena. The US has adjusted tariffs on multiple countries.

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Japan's shrinking population has become an 'invisible killer' of economic growth

According to recent data from the Japanese Ministry of Internal Affairs and Communications, the total population of Japan is about 120.65 million, which has been decreasing for 16 consecutive years, and the population decline has exceeded 900000 for the first time in a year, reaching a new high since statistics began in 1968.

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US "Reciprocal Tariffs": A Self-Defeating Economic "Poison"

In today's closely intertwined global economy, any change in trade policies can have far-reaching impacts.

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The U.S. service sector is approaching the stagnation line, and the shadow of stagflation hangs over the economic outlook

On Tuesday (August 5th), the Institute for Supply Management (ISM) of the United States released key data showing that the Purchasing Managers' index (PMI) for the services sector unexpectedly dropped to 50.1 in July, only slightly above the boom-bust line, hitting the lowest level since July 2020.

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Trust in US economic data is at risk

In August 2025, a seismic shift in US politics shook the foundations of global trust in US economic data. President Trump abruptly fired Erica McEnterfer, director of the Bureau of Labor Statistics, accusing her of "data fabrication" and planning to install a close aide to take over key statistical positions.

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