Droits de douane: la Corée du Sud prévoit une aide supplémentaire massive pour les semi-conducteurs

Le gouvernement sud-coréen a annoncé mardi qu’il comptait injecter 4,9 milliards de dollars supplémentaires dans l’industrie des semi-conducteurs du pays, invoquant “l’incertitude croissante” à laquelle fait face ce secteur clé face aux droits de douane américains.”Un plan d’investissement budgétaire agressif a été prévu pour aider les entreprises locales à relever les défis croissants dans la course mondiale aux semi-conducteurs”, a déclaré le ministère sud-coréen des Finances dans un communiqué.La Corée du Sud exporte une grande partie de sa production vers les Etats-Unis et ses secteurs cruciaux des semi-conducteurs et de l’automobile souffriraient fortement des droits de douane de 25% que le président Donald Trump menace d’imposer.La Corée du Sud abrite notamment les géants des puces Samsung et SK Hynix.”Afin de favoriser un écosystème dynamique, mené par le secteur privé, pour l’innovation et la croissance des semi-conducteurs, le gouvernement augmentera ses investissements dans le secteur de 26.000 milliards de wons (18,2 milliards de dollars) à 33.000 milliards de wons (23,1 milliards de dollars)”, soit 4,9 milliards de dollars supplémentaires, a expliqué le ministère. Le président américain a annoncé le 2 avril une série de nouveaux droits de douane visant ses principaux partenaires commerciaux, dont une taxe de 25% sur les exportations sud-coréennes, avant de suspendre leur mise en Å“uvre pendant 90 jours. Malgré cela, “des droits de douane visant des secteurs spécifiques tels que les semi-conducteurs et les produits pharmaceutiques restent à l’horizon”, a insisté le ministre des Finances, Choi Sang-mok, lors d’une réunion.”Ce délai de grâce offre une fenêtre cruciale pour renforcer la compétitivité des entreprises sud-coréennes dans un contexte d’intensification des tensions commerciales mondiales”, a-t-il ajouté. Le paquet comprend des financements pour le développement des infrastructures, et les ressources humaines.Le plan d’aide fait partie d’une proposition de budget révisée en hausse de 12.000 milliards de wons (8,4 milliards de dollars), et doit être soumis au vote du Parlement.L’annonce des droits de douane, présentés par Donald Trump comme devant remédier au déficit commercial américain, a ébranlé les marchés boursiers du globe et accentué les inquiétudes pour la croissance mondiale.Le déficit commercial des Etats-Unis avec la Corée du Sud était l’an dernier de 66 milliards de dollars pour les échanges de biens.La semaine dernière, le gouvernement sud-coréen avait déjà dévoilé un plan d’aide d’urgence de 2 milliards de dollars pour aider les constructeurs automobiles à surmonter la tempête.

S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites

South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country’s semiconductor industry, citing “growing uncertainty” over US tariffs.”An aggressive fiscal investment plan has been devised to help local firms navigate mounting challenges in the global semiconductor race,” the finance ministry said in a press release, adding the country’s chip support package would be increased by $4.9 billion.South Korea is a major exporter to the United States and its powerhouse semiconductor and auto industries would suffer greatly under President Donald Trump’s looming 25 percent tariffs.South Korea is home to the world’s largest memory chip maker Samsung, and largest memory chip supplier SK Hynix.South Korea’s finance ministry said “growing uncertainty” following rounds of US tariff threats had left the powerful industry clamouring for government support.”To foster a dynamic, private sector-led ecosystem for semiconductor innovation and growth, the government will increase its investment in the sector from 26 trillion won ($18.2 billion) to 33 trillion won ($23.1 billion),” said the ministry.On his so-called April 2 “Liberation Day,” Trump announced a slew of tariffs on trading partners across the world, including a 25-percent hit on South Korean goods, before backtracking and suspending their implementation for 90 days.Even so, “duties targeting specific sectors such as semiconductors and pharmaceuticals, remain on the horizon,” finance minister Choi Sang-mok said during a meeting. “This grace period offers a crucial window to strengthen the competitiveness of South Korean companies amid intensifying global trade tensions,” he added.”The government plans to expand support for the semiconductor industry, allocating 33 trillion won ($23.1 billion), with over 4 trillion won in fiscal spending set to be injected through 2026,” he said.The package includes funding for infrastucture development, including underground transmission lines at semiconductor clusters which are currently being built. “The government will boldly support investment by semiconductor companies,” said Choi. He added that the package includes securing talent for the industry.The investment is part of a large revised supplementary budget proposal of 12 trillion won ($8.4 billion), and is required to be passed by the National Assembly. – Talks next week -The tariffs announcement has rocked global stock markets, with investors uncertain over whether they are a negotiating tactic or permanent US position.Trump has insisted he will not back down until he has reduced or even wiped out US trade deficits — while simultaneously signalling that he is ready to negotiate with countries around the world.In 2024, the US trade deficit with South Korea amounted to just over $66 billion in goods.Last week the government in Seoul unveiled a $2 billion emergency support package to help carmakers weather the storm.South Korea’s auto-related exports to the United States totaled $42.9 billion last year, according to officials.Last week, Trump spoke to South Korean Prime Minister Han Duck-soo, who is acting as president since former leader Yoon Suk Yeol was removed from office for attempting to subvert civilian rule.US Treasury Secretary Scott Bessent said Monday that trade talks with South Korea would take place next week.

Harvard sees $2.2 billion in funding frozen after defying Trump

Elite US university Harvard was hit with a $2.2 billion freeze in federal funding Monday after rejecting a list of sweeping demands that the White House said was intended to crack down on campus anti-Semitism.The call for changes to its governance, hiring practices and admissions procedures expands on a list Harvard received on April 3, which ordered officials to shut diversity offices and cooperate with immigration authorities for screenings of international students.Harvard president Alan Garber vowed in a letter to students and faculty to defy the government, insisting that the school would not “negotiate over its independence or its constitutional rights.”Trump’s Joint Task Force to Combat Anti-Semitism responded with a statement announcing the $2.2 billion hold in multi-year grants, plus a freeze on $60 million in government contracts. “Harvard’s statement today reinforces the troubling entitlement mindset that is endemic in our nation’s most prestigious universities and colleges — that federal investment does not come with the responsibility to uphold civil rights laws,” it said.”The disruption of learning that has plagued campuses in recent years is unacceptable. The harassment of Jewish students is intolerable. It is time for elite universities to take the problem seriously and commit to meaningful change if they wish to continue receiving taxpayer support.” Campuses across the country were rocked last year by student protests against Israel’s war in Gaza, with some resulting in violent clashes involving police and pro-Israel counter-protesters.Trump and other Republicans have accused the activists of supporting Hamas, a US-designated terrorist group whose deadly attack on October 7, 2023 against Israel sparked the conflict.The Department of Education announced in March that it had opened an investigation into 60 colleges and universities for alleged “anti-Semitic harassment and discrimination.”Garber’s letter came after the administration placed $9 billion in federal funding to Harvard and its affiliates under review, making its first demands.On Friday, the government sent Harvard a much more detailed list demanding an “audit” of the views of students and faculty, which the university made public.- ‘Raging anti-Semitism’ -Harvard generated an operating surplus of $45 million on a revenue base of $6.5 billion in the last financial year.Garber said the school was “open to new information and different perspectives” but would not agree to demands that “go beyond the lawful authority of this or any administration.””No government — regardless of which party is in power — should dictate what private universities can teach, whom they can admit and hire, and which areas of study and inquiry they can pursue,” Garber said.Top Republican congresswoman Elise Stefanik, who was lauded by Trump last year for aggressive questioning of universities over anti-Semitism, called for Harvard to be defunded, calling it “the epitome of the moral and academic rot in higher education.”The New York firebrand, seen as one of the most vocal supporters in Congress of Israel and US Jewish causes, accused the university of tolerating “raging anti-Semitism.”Harvard’s response to the White House’s demands was in sharp contrast to the approach taken by Columbia University, the epicenter of last year’s pro-Palestinian protests.The Trump administration cut $400 million in grants to the private New York school, accusing it of failing to protect Jewish students from harassment as protesters rallied against Israel’s Gaza offensive.The school responded by agreeing to reform student disciplinary procedures and hiring 36 officers to expand its security team.As well as the funding cut, immigration officers have targeted two organizers of the pro-Palestinian protests at Columbia: Mahmoud Khalil, whom the government is seeking to deport, and Mohsen Mahdawi, who was arrested Monday as he attended an interview to become a US citizen.

Man charged with attempted ‘Molotov cocktails’ murder of top US Democrat

US prosecutors charged a man on Monday with the attempted murder of Democratic heavyweight and Pennsylvania Governor Josh Shapiro after a weekend arson attack at his official residence, court filings showed.Cody Balmer, 38, who was charged with attempted criminal homicide along with seven other offenses — including terrorism affecting the government and prowling at nighttime — was denied bail. He told police he harbored “hatred towards Shapiro,” who is Jewish and earlier in the night had marked the first night of the Passover holiday with friends and family.Shapiro has said he would not be intimidated in observing his faith following what prosecutors called a “homemade Molotov cocktails” attack.Asked what he would have done had he encountered Shapiro in the residence, Balmer told investigators he would “have beaten him with his hammer.”Shapiro, widely viewed as a potential 2028 presidential contender, was inside with his family when the fire broke out in a different part of the Georgian-style mansion in Harrisburg, Pennsylvania on Sunday, state police said.”While the fire was successfully extinguished, it caused a significant amount of damage to a portion of the residence,” the force said in a statement. No casualties were reported.Shapiro said that he and his sleeping family were woken up by a police trooper who “banged on our door” at around 2:00 am local time (0600 GMT) and that they were evacuated from the building.”Thank God no one was injured and the fire was extinguished,” he said. Speaking to reporters outside the residence, with fire damage visible behind him, Shapiro made a forceful appeal for an end to political violence.”This kind of violence is becoming far too common in our society, and I don’t give a damn if it’s coming from one particular side or the other… it is not OK, and it has to stop,” he said.Police said in charging documents released Monday that Balmer was captured on surveillance cameras climbing a perimeter fence, breaking a window and throwing a gasoline-filled Heineken beer bottle, before breaking another window, entering the residence and igniting another bottle.He then fled the property.- ‘Disgusting violence’ -An ex-lover of Balmer called police and reported that the alleged arsonist wanted to hand himself in, the criminal complaint alleges.Balmer then subsequently walked up to state police headquarters and told an officer he was responsible for the blaze.At a hearing, Balmer was arraigned before Judge Dale Klein and was denied bail, a court official said. He is next due in court on April 23.Top Republican officials reacted to the attack Sunday, with US Attorney General Pam Bondi saying on X she was “deeply relieved that Governor Shapiro and his family are safe.”Vice President JD Vance called the attack “really disgusting violence” and said he hopes “whoever did it is brought swiftly to justice.”President Donald Trump, who survived an assassination attempt in Pennsylvania last year, called Shapiro’s assailant on Monday a “whack job,” adding that “certainly a thing like that can not be allowed to happen.”The 51-year-old Shapiro was in the race to be Democrat Kamala Harris’s running mate in her ultimately unsuccessful US presidential bid — a position that instead went to Minnesota Governor Tim Walz.Shapiro, an assertive political centrist, was elected governor of Pennsylvania in 2022 when he faced off against a far-right candidate backed by Trump.

Tensions flare as Algeria expels 12 French officialsTue, 15 Apr 2025 00:27:58 GMT

Tensions flared between France and Algeria on Monday after the former French colony ordered 12 French officials to leave in 48 hours.Algeria’s foreign ministry said it had declared the 12 persona non grata after the arrest in France of an Algerian consular official, a “vile act” it blamed on French Interior Minister Bruno Retailleau.It defended …

Tensions flare as Algeria expels 12 French officialsTue, 15 Apr 2025 00:27:58 GMT Read More »

Israel demands hostage release for Gaza ceasefire: Hamas

Hamas said Monday that Israel has offered a 45-day ceasefire if it releases half of the remaining hostages held in Gaza, which the United Nations said is now in the grip of its worst humanitarian crisis since the start of the war.A Hamas official told AFP that Israel had also demanded that the Palestinian militants disarm to secure an end to the Gaza war but that this crossed a “red line”.Egyptian mediators passed on an Israeli proposal that “includes the release of half the hostages in the first week of the agreement, an extension of the truce for at least 45 days, and the entry of aid,” the official said.Militants took 251 hostages during the October 7, 2023 attacks that set off the war. Some 58 are still held in Gaza, including 34 the Israeli military says are dead.”The proposal includes the disarmament of Hamas and all Palestinian armed factions in the Gaza Strip as a condition for a permanent end to the war,” the official added.Hamas leaders were reviewing the ceasefire proposal but the official said: “Hamas and the resistance factions’ position is that the resistance’s weapons are a red line and non-negotiable,” the official said.The official said Hamas negotiators were going to Qatar, where the group has an office and the main mediation talks with Israel have been held. Israel did not immediately comment on the Hamas statement.”Hamas informed the mediators that it is willing to agree to any proposal that includes a permanent ceasefire, a full Israeli withdrawal from the Gaza Strip, and the entry of aid,” the official said.Earlier, the United Nation warned that Gaza’s humanitarian crisis was spiralling out of control with no aid entering the territory for weeks and conditions rapidly deteriorating.Israel, fighting in Gaza since the October 7, 2023 Hamas attacks, resumed operations in the Palestinian territory in March after the collapse of a two-month-old ceasefire amid differences over the next phase.Hundreds of thousands of people have been displaced, with Israel blocking humanitarian aid since March 2, before the truce disintegrated.Medical supplies, fuel, water and other essentials are in short supply, the UN says.”The humanitarian situation is now likely the worst it has been in the 18 months since the outbreak of hostilities,” said the UN Office for the Coordination of Humanitarian Affairs (OCHA).Aid workers had been forced “to ration and reduce deliveries to make the most of the remaining stocks,” OCHA said.At Nasser Hospital in the southern city of Khan Yunis, a doctor, Ahmed al-Farah said the medical team was working non-stop despite “a shortage in everything”.- ‘Urgent need’ -Palestinian president Mahmud Abbas and French President Emmanuel Macron called for an “urgent” ceasefire in Gaza.In a phone call, Macron and Abbas “emphasised the urgent need for a ceasefire, the acceleration of humanitarian aid delivery (and) the rejection of the displacement of the Palestinian people from their land”, the official Palestinian news agency Wafa reported.Macron said on X that “France is fully mobilised” to free hostages and halt the fighting. He also advocated “reform” of the Palestinian Authority as part of moves to let the body govern a post-war Gaza without Hamas.Senior Hamas official Taher al-Nunu indicated that the group was willing to release all hostages in exchange for a “serious prisoner swap” and guarantees that Israel would end the war.”The issue is not the number of captives,” Nunu said, “but rather that the occupation is reneging on its commitments, blocking the implementation of the ceasefire agreement and continuing the war”.Speaking after talks with Egyptian and Qatari mediators, he insisted Hamas would not relinquish its arms.Israeli news website Ynet reported that under a new ceasefire proposal, Hamas would release 10 living hostages in exchange for US guarantees that Israel would enter negotiations for a second phase of the ceasefire.- France hopes others follow -The first ceasefire, which began on January 19, included multiple hostage-prisoner exchanges before it unravelled.Israel had sought to extend the first phase, while Hamas insisted that negotiations be held for the second phase under the deal, as outlined by former US president Joe Biden.Macron has announced that France could recognise a Palestinian state within months, leading to sharp criticism in Israel.On Monday he said he hoped French recognition would “trigger” other countries to follow suit, and that countries which do not recognise Israel should do so.Israel insists recognition moves are premature.”President Macron is gravely mistaken in continuing to promote the idea of a Palestinian state in the heart of our land — a state whose sole aspiration is the destruction of Israel,” Netanyahu said in a statement.