Over the past few months, the US chipmaker has continuously announced multi-billion dollar investment plans in other companies, notably a 100 billion USD commitment to OpenAI.
Tesla adopts a shared component strategy in its Model 3 and Y vehicles, learning from Chinese electric vehicle companies, according to the carmaker's former president.
US President Donald Trump announced that the government might completely eliminate income tax in the next few years, attributing this possibility to revenue generated from import tariffs.
Walmart's revenue and profit both saw increases last quarter, amidst a backdrop of americans grappling with rising prices driven by inflation and import taxes.
On 20/11, US president Donald Trump signed an executive order to remove an additional 40% tax imposed on Brazilian food products, including beef, cocoa, and various fruits.
Coffee, beef, and fruits from Brazil exported to the US still incur an additional 40% tariff, despite Donald Trump’s reciprocal tariff exemption for these items.