World

US starts collecting Trump's new 10% tariff

Apr 06, 2025

Washington [US], April 6: U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The initial 10% "baseline" tariff paid by U.S. importers took effect at U.S. seaports, airports and customs warehouses at 12:01 a.m. ET (0401 GMT).
Source: Emirates News Agency

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Ambit semiconductors Expands into the United States, Establishes Austin as North American Headquarters

Austin (Texas) [US], March 30: Ambit, a semiconductor VLSI design services company headquartered in Bangalore, India, today announced the expansion of its operations into the United States with the establishment of Ambit Semiconductors Inc. in Austin, Texas. The U.S. entity, incorporated in November 2023 and operations started in January 2025, serves as the company's North American headquarters.

Mar 30, 2026