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🇺🇸 1. Micron’s Massive Investment Micron announces a $30 billion investment in the U.S., aimed at boosting domestic chip production amid fears of new Trump-era semiconductor tariffs.
🏪 2. Small Businesses Struggling Small businesses across America are being forced to divert focus from innovation to dealing with rising costs and supply chain disruptions due to ongoing and expected tariffs.
⚖️ 3. Trump Scores a Legal Win A U.S. trade court ruled in favor of Trump's tariffs, allowing many of his past trade policies to remain in place—a decision Trump calls a “great victory for fair trade.”
🌏 4. U.S.–China ‘Framework Deal’ in Sight Trump announced that China will face 55% tariffs on certain imports, while China has agreed to ease student visa policies. However, final approval from President Xi is still pending.
💬 What do you think about these developments? How will they impact your business or daily life? Let us know in the comments!
Stocks Mixed U.S. equities saw cautious gains initially, but markets pulled back once the full 55% tariff figure was confirmed .
Mild CPI Bump & Fed Pressure May’s Consumer Price Index rose to 2.4%. Amid the ongoing trade uncertainty, Trump called on the Federal Reserve to slash interest rates by a full percentage point .
✅ Summary
Aspect Detail
Chinese tariffs U.S. → 55%, China → 10% U.S. gains Rare-earth minerals, student visas Legal status Tariffs remain in force pending appeal Next legal date July 31 (merits hearing) Market sentiment Cautiously optimistic, volatility persists$BTC
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