Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
Nvidia Corp's CEO, Jensen Huang, who pioneered the technology behind the rise in artificial intelligence (AI) computing, highlighted nuclear power as a viable solution to support the increasing energy needs of data centers. In an interview with Bloomberg Television on Friday, Huang remarked, “Nuclear is wonderful as one of the sources of sustainable energy. It won’t be the only one. We are going to need energy from all sources and balance the availability, cost, and sustainability over time.”
As global tech giants invest heavily in AI infrastructure, the demand for electricity has surged, making it challenging to find locations with sufficient power to build new data centers. This is leading to strategic decisions on the placement of these “AI factories”, with some data centers operating below capacity or being built far from urban areas.
Despite Nvidia’s latest-generation chips consuming over a kilowatt of power, Huang argued that they are more efficient because they accelerate AI training and operations, reducing the need for multiple older components.
On a separate note, Huang addressed the challenges Nvidia faces with US government restrictions on exports to China. He emphasized that the company is committed to complying with policies while continuing to serve its customers in China, who rely heavily on Nvidia's technology. "We will do our best to support them," Huang stated.
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