production

Europe’s Shifting Strategy to Boost Ukraine’s Own Weapons Production

European countries are shifting their strategy when it comes to Ukraine, aiming to boost the country’s capacity to produce enough weapons for its own defense rather than handing over ready-made weapons from their own depleting stockpiles.In March, the European Union said that half of a €2 billion ($2.3 billion) aid…

Lutnick: US Needs to Take Chip Production From Taiwan

Commerce Secretary Howard Lutnick said on Thursday that the US intends to take chip manufacturing from Taiwan.Lutnick said in an interview on CNBC’s “Squawk Box” that while President Donald Trump’s latest round of tariffs didn’t apply to semiconductors, Trump is still looking at how the US can regain its foothold…