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A look at Foxconn's $2.5B "Project Elephant", an upcoming factory on the outskirts of Bengaluru, its second-largest factory outside China, creating 40,000 jobs (Ananya Bhattacharya/Rest of World)

Ananya Bhattacharya / Rest of World : A look at Foxconn's $2.5B “Project Elephant”, an upcoming factory on the outskirts of Bengaluru...

14 April 2025

The Trump administration begins a probe into imports of semiconductors on national security grounds, as part of a bid to impose tariffs on the sector (Ismail Shakil/Reuters)

Ismail Shakil / Reuters:
The Trump administration begins a probe into imports of semiconductors on national security grounds, as part of a bid to impose tariffs on the sector  —  The U.S. Commerce Secretary has initiated Section 232 national security investigations into imports of pharmaceuticals and semiconductors …

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