Tech industry fears Donald Trump’s trade war will hamper US AI ‘dominance’

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Donald Trump’s global tariff regime is endangering his ambitions of encouraging domestic chip production while hampering US goals of dominating the race to develop world-beating artificial intelligence. Industry insiders, including tech executives, supply chain experts and analysts, said the US president’s escalating trade war is likely to hinder the expansion of American computing … Read more

IMF chief cuts growth forecast over ‘off the charts’ trade uncertainty

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uncertainty over global trade policies is “off the charts”, the head of the IMF has warned, saying Donald Trump’s tariffs were set to hit global growth, push up prices and potentially play havoc … Read more

ECB cuts rates to 2.25% amid Trump trade war

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The European Central Bank has cut its benchmark interest rate by a quarter-point to 2.25 per cent as it prepares for economic fallout from the trade war ignited by US President … Read more

Blackstone president warns US risks recession without trade deals

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone president Jonathan Gray has warned that the US economy faces the risk of a recession unless Donald Trump can rapidly strike trade deals, becoming the latest Wall Street boss to ratchet up … Read more

Donald Trump weighs in on Japan trade talks but Tokyo team leaves without deal

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Japan’s chief trade negotiator will leave Washington without an immediate agreement after meeting Donald Trump as part of efforts to negotiate the removal of stiff US tariffs. The US president met … Read more

When aliens call, look to the ‘little green swan’ trade

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have ploughed billions of dollars into the quest to send earthlings into the stars. Astronomers’ discovery that a faraway planet teems with molecules usually produced by living organisms suggests it’s time to … Read more

Italy’s Giorgia Meloni seeks to jump-start US-EU trade talks

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Italy’s Giorgia Meloni will meet Donald Trump in Washington on Thursday after a first round of EU-US talks failed to shed light on the US president’s demands for de-escalating his tariff … Read more

China seeks reset with EU amid Donald Trump’s trade war

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Chinese officials and businesses are seeking a rapprochement with the EU amid Donald Trump’s trade war, but the bloc remains deeply sceptical of becoming a dumping ground for goods diverted from the US. Beijing is looking to deepen ties with the world’s largest trading bloc with the hope of finding alternative markets for … Read more

Trump’s tariff policy has nothing to do with trade

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is the junior US senator for Connecticut Economists and pundits have spent the last two weeks frantically trying to decode what President Donald Trump’s ultimate aim is with tariffs. … Read more

Temu and Shein slash US ad spending as trade war hits

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese ecommerce giants Temu and Shein have slashed their US spending on advertising platforms, as they wrestle with the end of tax exemptions that have helped them undercut rivals such as Amazon. Temu … Read more

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