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USWorld

Details Emerge on Foreign Vehicles Tariff

The Trump administration detailed a 25% tariff on all vehicles & auto parts sourced outside the US, effective April 3, 2025. The tariffs stack on top of any existing obligations, potentially putting Canada & Mexico in the 40-50% bracket. The scheme is designed to incentivize Japanese, German, Korean automakers to ramp up construction of production […]

The Trump administration detailed a 25% tariff on all vehicles & auto parts sourced outside the US, effective April 3, 2025. The tariffs stack on top of any existing obligations, potentially putting Canada & Mexico in the 40-50% bracket. The...

The Trump administration detailed a 25% tariff on all vehicles & auto parts sourced outside the US, effective April 3,...

Mar 28, 2025 2:33 AM
World

Russia & Ukraine Agree to Pause Black Sea Hostilities

The Kremlin agreed to cease fighting in the Black Sea region, pending a limited lift of sanctions related to Russian agricultural exports, and reintroduction to international payment system used in the West. The Trump administration is likely to approve Moscow’s requests, and looks poised to benefit politically from the simultaneous rearmament of Europe.

The Kremlin agreed to cease fighting in the Black Sea region, pending a limited lift of sanctions related to Russian agricultural exports, and reintroduction to international payment system used in the West. The Trump administration is likely to approve Moscow’s...

The Kremlin agreed to cease fighting in the Black Sea region, pending a limited lift of sanctions related to Russian...

Mar 25, 2025 1:38 PM
TechnologyUS

Apple Spends $1 Billion on Nvidia Chips for AI Data-Center

The purchase decision comes shortly after indefinitely postponing Apple Intelligence features for iOS & MacOS. In spite of existing plans to develop an in-house AI server chip with Broadcom (project “Baltra”), it appears Apple has decided that Nvidia’s upcoming GB300 NVL72 server clusters are essential to staying relevant. While $NVDA only saw a modest volume […]

The purchase decision comes shortly after indefinitely postponing Apple Intelligence features for iOS & MacOS. In spite of existing plans to develop an in-house AI server chip with Broadcom (project “Baltra”), it appears Apple has decided that Nvidia’s upcoming GB300...

The purchase decision comes shortly after indefinitely postponing Apple Intelligence features for iOS & MacOS. In spite of existing plans...

Mar 25, 2025 1:20 PM
US

Trump Targets Venezuelan Oil, Bumping Chinese Tariff Rate to 45%

In an effort to put the Venezuela’s Maduro under pressure, the Trump administration announced a 25% trading tariff on goods from countries which purchase Venezuelan oil. Venezuelan oil is thicker (more difficult to refine), and the nation’s economic conditions have left it unable to operate its’ domestic refineries — creating an attractive bargain for energy […]

In an effort to put the Venezuela’s Maduro under pressure, the Trump administration announced a 25% trading tariff on goods from countries which purchase Venezuelan oil. Venezuelan oil is thicker (more difficult to refine), and the nation’s economic conditions have...

In an effort to put the Venezuela’s Maduro under pressure, the Trump administration announced a 25% trading tariff on goods...

Mar 24, 2025 8:12 PM
US

Massive $1.4 Trillion Investment Slips Under Market Radar

The White House announced the investment scheme shortly after President Trump’s meeting with UAE National Security Advisor HH Sheikh Tahnoon bin Zayed Al Nahyan. The UAE intends to substantially boost existing investments in US semiconductors, data centers, energy/chemical products, & infrastructure. Key among the announcements is a new aluminum smelting project that will double the […]

The White House announced the investment scheme shortly after President Trump’s meeting with UAE National Security Advisor HH Sheikh Tahnoon bin Zayed Al Nahyan. The UAE intends to substantially boost existing investments in US semiconductors, data centers, energy/chemical products, &...

The White House announced the investment scheme shortly after President Trump’s meeting with UAE National Security Advisor HH Sheikh Tahnoon...

Mar 23, 2025 3:19 PM
US

Fed Brushes off Inflation Fears as “Transitory” — Holds Rates Steady

U.S Secretary of the Treasury Scott Bessent & Federal Reserve Chair Jerome Powell appear to be aligned in their assessment, that inflation stemming from evolving trade relations are likely to have a manageable “transitory” effect. The Fed was clear that their monetary policy outlook remains unchanged, pouring cold water on theories that President Trump is […]

U.S Secretary of the Treasury Scott Bessent & Federal Reserve Chair Jerome Powell appear to be aligned in their assessment, that inflation stemming from evolving trade relations are likely to have a manageable “transitory” effect. The Fed was clear that...

U.S Secretary of the Treasury Scott Bessent & Federal Reserve Chair Jerome Powell appear to be aligned in their assessment,...

Mar 19, 2025 7:30 PM