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29-07-2025
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Trump Trade Deals and Tech Energy Crisis Unfold

Date: 29-07-2025
Sources: cbsnews.com: 1 | economist.com: 1 | nypost.com: 1
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Image Source:

Source: cbsnews.com

Image content: The image depicts Donald Trump and Ursula von der Leyen shaking hands. Both are dressed formally, with Donald Trump wearing a navy suit and yellow tie, while Ursula von der Leyen is in a white jacket and holding white roses. The background features an American flag and part of the European Union flag.

Summary

Recent developments in US trade policy and tech energy demands have made headlines. A trade deal between the US and EU has been reached, with experts questioning its balance. Meanwhile, US tech giants face challenges meeting their increasing energy demands for AI, straining the power grid. Trump's trade policies have also surprised economists with unexpected successes.

Key Points

  • The US-EU trade deal involves increased US tariffs on EU imports and EU commitments to buy more US energy
  • Experts view the deal as asymmetric and potentially hurting EU economic growth
  • US tech giants face energy demands challenges due to AI investments
  • Trump's trade policies have yielded unexpected successes, defying economist predictions

Articles in this Cluster

Did the U.S. or the EU emerge as the winner in Trump trade deal? - CBS News

29-07-2025

The U.S. and EU have reached a trade deal, announced by President Trump and European Commission President Ursula von der Leyen, which will significantly raise U.S. tariffs on EU imports while eliminating tariffs on certain U.S. exports to the EU. Experts view the deal as asymmetric and unbalanced, potentially hurting the EU's economic growth. The agreement includes the EU's commitment to buy more U.S. energy and invest in the U.S., and is seen as a step towards reducing trade uncertainty and potentially paving the way for future trade agreements with other countries.
Entities: United States, European Union, President Trump, Ursula von der Leyen, Société Générale • Tone: neutral • Sentiment: negative • Intent: inform

How big tech plans to feed AI’s voracious appetite for power

29-07-2025

The article discusses how America's tech giants are facing challenges in meeting their energy demands as they invest heavily in artificial intelligence (AI). The increasing energy requirements of data centers are straining the power grid, and utilities are struggling to keep up. The US government's 'AI Action Plan' highlights the stagnating energy capacity as a threat to the country's AI dominance. The article explores how big tech companies are coping with the worsening power crunch.
Entities: America, Silicon Valley, Donald Trump, The Economist, LVMH • Tone: neutral • Sentiment: negative • Intent: inform

Why Trump's trade wins keep shocking the 'experts'

29-07-2025

The article discusses how President Donald Trump's trade policies have yielded unexpected successes, defying the predictions of economists who favor free trade. Trump's approach to trade as a negotiation, leveraging the US's large trade deficit and consumer market, has resulted in significant tariff revenue and a trade surplus in June. The article highlights Trump's trade deal with the European Union, which includes a 15% tariff on EU goods in exchange for European investments in the US and increased purchases of American energy and military equipment. The author argues that Trump's pragmatic approach to trade has benefited American workers and industry while keeping prices down for consumers.
Entities: Donald Trump, European Commission, Ursula von der Leyen, Financial Times, Axios • Tone: analytical • Sentiment: positive • Intent: inform