Tariffs could 'backfire' and actually help China, says AEI's Derek Scissors (youtube.com)
Mexico is the biggest trade rival of China. Tarifs on Mexico means Chinese products become more competitive. Also, US would wind up with a bigger trade deficit with China. (Trump may have lost his trade deficit target.)
Criticisms by Gavin Baker and Musk about the $500b funding by Masa for Stargate, detailing that SoftBank has nothing close to that kind of money. Musk traded barbs just a little, it seemed, with Nadella. Financing potential is there though, because investors will perhaps see they can profit from investing.
Masa did $100b profit twice, with BABA and then with ARM, and if he hadn't sold he could have done it also with NVDA.
89. Stargate: Follow the Money, Crypto Gets an EO Boost, TikTok Gets a Lifeline (youtube.com)