Chan Ye Xin Xi Wang·2025-08-13 05:31Trade Relations - The US and China have agreed to extend the suspension of 24% tariffs for another 90 days starting from August 12, 2025, while retaining a 10% tariff on certain goods [4][5] - Brazil will provide 300 billion Brazilian Reais (approximately 55.5 billion USD) in credit to support exporters affected by US tariffs [13][14] Automotive Industry - In July, China's automobile sales reached 2.593 million units, a year-on-year increase of 14.7% [81] - Ford plans to invest 5 billion USD in electric vehicles, focusing on low-cost models [83] - Tesla has launched the Model 3 with a range of 830 kilometers, priced starting at 269,500 CNY [84] Artificial Intelligence - South Korea has selected five consortiums to develop a national foundational AI model, aiming for self-sufficiency in the AI industry [20][21] - Baichuan has released the open-source medical enhancement model Baichuan-M2, outperforming other models in the market [23][24] - Zhipu AI has launched the open-source visual reasoning model GLM-4.5V, which has achieved state-of-the-art performance in various tasks [25][26] Semiconductor Industry - Vietnam aims to achieve self-sufficiency in semiconductor chip production by 2027 [46] - SK Hynix predicts a 30% annual growth rate in the AI storage chip market by 2030 [55][60] - DeepX, an AI chip startup, is preparing for a new round of financing ahead of its IPO, focusing on low-power, cost-effective solutions [68][70] Space and Aerospace - SpaceX successfully completed its 100th launch in 2025, deploying 24 Amazon "Kuiper" satellites [87][88] - The "Vulcan" rocket, developed by United Launch Alliance, is set to conduct its first military space mission, marking a significant step in competing with SpaceX [90][91] Energy and Mining - Peninsula Energy's uranium processing plant in Wyoming has received state approval, allowing for the commencement of commercial production [100][101] - Aclara Resources has launched a rare earth separation pilot plant in collaboration with Virginia Tech, aiming to strengthen the domestic supply chain for critical minerals [102][103]