Trump Proposes 25% Tariff on Phones Not Made in the U.S. Amid Apple and Samsung Controversies

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In the ever-evolving world of technology, several key developments have captured attention recently.

Trump’s recent statements suggest that if smartphones are not manufactured in the United States, they could face a 25% tariff. This has raised concerns among major tech companies regarding their manufacturing strategies.

In a significant move, Oracle has made headlines by acquiring NVIDIA chips in a deal worth $40 billion. This acquisition is expected to bolster Oracle’s capabilities in AI and cloud computing.

Meanwhile, Apple’s market value saw a dramatic decline, evaporating over $100 billion overnight. This downturn has sparked discussions about the company’s future prospects.

In other news, BYD announced limited-time price reductions on 22 of its vehicle models, with discounts reaching up to 53,000 yuan. This strategic pricing move aims to attract more customers in a competitive market.

Elon Musk has declared a return to a 24/7 work schedule, indicating a commitment to his projects. He even mentioned the possibility of sleeping at the factory to ensure operations run smoothly.

In the realm of AI, SUNY’s COO Zhang Zhan predicts that by 2025, AI will break out of its niche and become widely accessible to consumers. This shift is expected to revolutionize various industries.

Additionally, the ninth World Drone Conference showcased groundbreaking technologies, highlighting the rapid advancements in the drone sector. These innovations are set to redefine the landscape of aerial technology.

In a recent interview, Mark Zuckerberg discussed the U.S.-China AI competition, emphasizing the need for collaboration rather than rivalry. This perspective reflects a growing recognition of the global nature of technological advancements.

On the financial front, U.S. stocks faced a significant drop, with major companies losing nearly 60 billion yuan in value overnight. This downturn underscores the volatility in the stock market.

As the tech industry continues to evolve, these developments highlight the challenges and opportunities that lie ahead for companies and consumers alike.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/trump-proposes-25-tariff-on-phones-not-made-in-the-u-s-amid-apple-and-samsung-controversies/

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