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

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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

ECB cuts rates to 2.25% amid Trump trade war

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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

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

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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

Temu and Shein slash US ad spending as trade war hits

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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

Trump trade war could challenge US credibility, says Jamie Dimon

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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. Video: Jamie Dimon urges US to engage with China Donald Trump’s trade war risks eroding the US’s credibility, Jamie Dimon warned, as the JPMorgan Chase chief executive urged Washington to “engage” with Beijing. … Read more

Leda Braga’s Systematica suffers as Trump’s trade war hits quant hedge funds

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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 Leda Braga’s Systematica Investments, one of the world’s best known computer-driven hedge funds, is suffering its worst ever losing streak in its flagship fund, as the market turmoil triggered by US … Read more

Trump’s trade war shatters hopes of 2025 luxury revival

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Donald Trump’s trade war has shattered expectations for a US-driven recovery in the luxury market this year, as tariffs threaten to prolong a slump in demand for handbags and high-end watches. The US and China, the twin engines powering global demand for luxury goods, have continued to ratchet up tit-for-tat import duties on … Read more

Singapore cuts growth forecast as trade war hits global outlook

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Donald Trump signalled that smartphones and other consumer electronics imported to the US from China would face tariffs, dealing a blow to hopes of a reprieve for Big Tech companies such as Apple, Nvidia and Microsoft. “NOBODY is getting “off the hook” for the unfair Trade Balances, and Non Monetary Tariff Barriers, that … Read more

Xi Jinping warns ‘no winners’ from Trump trade war as he heads to Vietnam

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Xi Jinping has warned that US protectionism will “lead nowhere” as the Chinese leader embarked on a tour of Vietnam, Malaysia and Cambodia to strengthen ties with export-reliant south-east Asian economies rattled by Donald Trump’s escalating trade war. The visit, Xi’s first foreign trip this year, comes days after the US president raised … Read more

China is well positioned to weather Trump’s trade war

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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 founding partner and head of research at Gavekal Dragonomics A week of tariff trauma has left the world economy not much worse off than it was on President … Read more

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