Key Takeaways:
Revenue-Sharing Deal: Nvidia and AMD agreed to give the U.S. government 15% of revenues from specific chip sales to China in exchange for export licenses.
Tariff Leverage in Action: The arrangement follows Trump’s threat of a 100% tariff on...
Key Takeaways:
Trump’s Tariffs Aim to Protect U.S. InterestsThe 15% tariff on imported olive oil is part of a broader strategy to reduce dependence on foreign goods and encourage domestic production in line with America First policies.
European Exporters Feel the...
Key Takeaways:
Massive Energy & Investment Wins: The EU will purchase $750B in U.S. energy and invest $600B more into the American economy, fueling jobs and growth.
Tariff Rebalance: European imports face a new 15% U.S. tariff, while U.S. goods enter...
Trump announces a 50% tariff on Brazilian imports, calling the trade relationship “unfair” and “non-reciprocal.”
Warns Brazil against retaliatory tariffs and offers to lift the tariff if Brazil opens its markets or moves production to the U.S.
Slams BRICS as a...
Trump delays new tariffs again, pushing the start date to August 1—just days before the original deadline.
Countries that reach trade deals with the U.S. can avoid higher rates, while a 10% universal tariff remains in effect.
Trump calls it “Liberation...
Trump hits Japan and South Korea with 25% tariffs starting August 1 to address trade imbalances.
No tariffs if manufacturing moves to the U.S., with Trump promising fast-track approvals for relocation.
Trump warns of tariff retaliation: Any increase by allies will...
President Donald Trump isn’t sweating his self-imposed tariff deadline. With just days left, he shut down trade talks with Canada—calling their new digital tax a “blatant attack”—and doubled down on his power play: “We can do whatever we want.”...
Key Takeaways
Protecting Children: Paxton argues that AI chatbots posing as therapists risk deceiving kids into mistaking entertainment bots for real...