Cargo containers stacked aboard a ship on the Jakarta International Container Terminal in Tanjung Priok Port on Aug. 7, 2025.
Str | Afp | Getty Images
Tariff-related ruction seems to be settling down, however U.S. President Donald Trump continues to be reshaping international commerce and trade — and on a regular basis life.
After the Trump administration hinted it could be open to Nvidia exporting extra highly effective chips to China after their revenue-sharing agreement, the semiconductor darling was reported to be developing a new chip for Beijing.
And Intel’s bounty from the CHIPS Act, formalized by the earlier administration below Joe Biden, would possibly include a price ticket of giving the present U.S. authorities a stake in the company. Other corporations which have acquired funding from the identical act — corresponding to Micron and Samsung — might be subject to the same exchange, Reuters reported.
Meanwhile, the consequences of tariffs proceed to creep into the house.
The prices incurred by fires within the U.S. — consider the tragic Los Angeles wildfires in January or the one near the Grand Canyon simply final month — are already rising, not simply by way of the physical damage but in addition the price of insurance premiums.
And now that Trump has added fireplace extinguishers to a listing of metal merchandise that may face a 50% import tariff, even the value of comparatively extra benign and contained fires, corresponding to these you begin to burn images of your ex-partner, will be costlier to place out. That’s a very protest-worthy tariff.
What you want to know immediately
And lastly…
The Millennium Bridge backdropped by St. Paul’s Cathedral in central London on Nov. 15, 2024.
Henry Nicholls | Afp | Getty Images
The price is REIT: UK-quoted property sector is consolidating rapidly
Episodes during which the mighty KKR receives a bloody nostril are collector’s objects — however we had one within the U.Okay. final week. The personal fairness large was thwarted in an try to purchase Assura, a property firm that owns greater than 600 physician’s surgical procedures and medical facilities.
That speaks to a much bigger story — which is that U.Okay. inventory market traders have concluded valuations within the nation’s REIT (actual property funding belief) sector had change into ridiculously low.
— Ian King