Trump Threatens BRICS Over Dollar Threat Amid Stablecoin Push | Economy
The comments come amid increasing speculation that the BRICS bloc, recently expanded to include Egypt, Ethiopia, Iran and the UAE,...
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Trump overhypes $5 trillion in private US investments pledges
But like some other “Trump effect” investments, Trump doesn’t deserve all the credit.TSMC said it had already spent $65 billion in Arizona over the past five years to build two fabrication facilities on its sprawling Phoenix campus and was weeks from breaking ground on a third after the Biden administration gave it a $6.6 billion grant from the 2022 CHIPS and Science Act last year. Senator Mark Kelly, an Arizona Democrat, told the Globe that the company had showed him plans to expand to six so-called fabs a couple of...
Macron calls on EU companies to freeze investments in US – POLITICO
Macron's comments are seen as an attempt to dissuade French tycoons from cozying up to Trump, potentially to try to cut private deals, outside regular EU trade policy. Earlier this month Trump announced that French shipping giant CMA CGM intended to invest €20 billion in the U.S. In January, meanwhile, Bernard Arnault, the head of luxury goods giant LVMH, said he was considering increasing investment in the U.S. and lauded Trump's economic policy. On Wednesday the Trump administration slapped the EU with 20 percent tariffs on all exports to the...