Trump, Xi Agree to 1-Year Trade Truce, Meta & Microsoft AI Spending Spree | The Opening Trade 10/30

Statele Unite

President Donald Trump and Chinese President Xi Jinping agreed to extend a tariff truce an additional year, roll back export controls and reduce other trade barriers. The US will halve fentanyl-related tariffs on Chinese goods, while Beijing resumes purchases of soybeans, sorghum and other farm products. The largest technology companies are betting on an AI future powered by gigantic complexes of data centers filled with humming servers. Now that the staggering cost of this push is coming into

Tag-uri: Donald Trump