We have the president also vowing on social media, vowing to place export curbs and tariffs on nations with digital service taxes on American tech companies. Brendan It would seem that Europe, in their tech regulation, they've always spoken about it in a way of sovereignty, that this is something deeply important to them. Is it likely that Europe might budge on this, much like Canada did when there were trade negotiations underway.It doesn't sound like it from the rhetoric out of Brussels that this has alwa ...

Market Trends & Geopolitics - US President Trump is threatening to impose tariffs in retaliation for other nations' digital taxes, alleging discrimination against American technology and favoring China [1] - Digital taxes are a point of contention, with Canada yielding but Europe holding firm [2] - US and China have not yet agreed to deals, but China hasn't given in to US tariffs [4] AI Industry & Investment - The AI rally will likely not be significantly impacted by tariff announcements due to ongoing negotiations and deal-making [3] - One source predicts AI could contribute 5% of GDP [3] - Despite a lack of current profitability, the AI sector is seeing significant investment from companies and countries [6] - Political factors are a key risk for major tech companies in the AI space [4] Company Specific Risks - Intel has 10% at stake, creating uncertainty about potential outcomes [5] - NVIDIA's performance and statements will be closely watched in relation to the public mood and impact on AI stocks [4] Market Dynamics - Markets have their own way of correcting through supply and demand, which cannot be ignored or stifled [5] - Adoption is increasing in the tech sector, suggesting long-term potential despite political and economic headwinds [6]

Stock Futures Rise After Canada Drops Digital Tax To Salvage U.S. Trade Deal https://t.co/RcAgMIhIlp ...

Market Trends - Stock futures rise following Canada's decision to drop digital tax [1] - Canada's action aims to salvage the U_S trade deal [1]