The Trumpist ideology thickens its ranks and gains adherents. A great business icon has decided to sign up for Donald Trump’s creed: the semiconductor giant for artificial intelligence (AI) Nvidia announced on Monday a macro investment in infrastructure and servers in the United States, valued at 500,000 million dollars, over the next four years. The company will produce its artificial intelligence supercomputers in the North American country for the first time. The company chaired by Jensen Huang thus supports Donald Trump’s industrial policy, which since he has arrived at the White House promotes companies to enhance their investments in the country. The president confirms that there will soon be more barriers in the pharmaceutical products, the American president soon took merit. “The reason why those of Nvidia have done so is for the elections of November 5 and for a thing called tariffs.” The White House described Nvidia’s decision as “the Trump effect on action.” “Trump” has prioritized the manufacture of chips in the United States as part of its tireless search for a rebirth of American manufacturing, and is being bound, with billions of dollars in new investments insured only in the technological sector, “they said in Washington. Specifically, the technological giant claimed to have commissioned more than 300,000 square meters of manufacturing surface Specialized in Arizona and in Ia Supercomputers in Texas American helps us better satisfy the incredible and growing demand for AI and supercomputer chips, strengthens our supply chain and increases our resilience, ”said Jensen Huang. Nvidia thus adds to other major ads in recent months, such as Apple’s (also 500,000 million), SoftBank (100,000 million) or Eli Lilly (27,000 million), which also chose a strategy that obtains the favor of the tenant of the White House in a context of commercial war and resurgence of tariff barriers that can complicate the production of US signatures abroad. On the other hand, the American president has returned to suggest enense changes on his tariff policy, increasingly chaotic. He said Monday that he expects to “impose tariffs on imported pharmaceutical products in the not too distant future.” But, on the other hand, he indicated that it will be more flexible with the automotive sector. “I am considering some measure to help the companies in the Auto sector. Companies are changing the supply of pieces that were previously manufactured in Canada, Mexico and other places, and need some time, because in the future they will manufacture them here,” Trump told the press. Trump has already imposed a 25% tariff on cars from abroad, with tariffs that extend to the pieces and spare parts that will enter into force no later than May 3. Their rates to Canada and Mexico already include an exception for vehicles made in the US that have enough content produced in the country to meet the requirements of the commercial agreement in force in North America. “I do not change your mind, what happens is that I am a very flexible person,” Trump said about tariffs, in a phrase that seems taken from Groucho Marx. High position of the Federal Reserve are glimpsed with decreases of types Tariff policies of the Government are a great blow to the US economy that could lead to the Federal Reserve to cut the interest rates to avoid a recession even if inflation is high, ”said the governor and member of the Fed Christopher Waller council on Monday. Waller raised two scenarios. In the first one, he assumed“ elevated tariffs ” of 25%, which would remain in force for a while. potentially reaching a peak close to 5%. In the second scenario, Waller estimated that the effect on inflation would be much lower, reaching a maximum of about 3%. In this case, the response of monetary policy would be more limited. But everything indicates that interest rates, as Donald Trump wishes, in one case or another, would go down.
