Morning Brief: Market Sunrise anchor Ramzan Karmali breaks down the latest international finance moves for October 16, 2025.
TSMC, the world’s largest contract chipmaker, reported earnings that showed a 39% jump in third quarter profits. It raised its full-year forecast as it predicted a bullish outlook for spending on artificial intelligence.
President Trump confirmed that the US was in a trade war when asked by a reporter, saying, "We’re in one now." This statement came after Treasury Secretary Scott Bessent noted an extension of the tariff pause with China is possible.
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