It\u2019s been an eventful week in the world of business and politics. Here\u2019s a quick roundup of the top stories that you might have missed.<\/p>\n
Trump\u2019s \u2018Liberation Day\u2019 Tariffs Backfire, China\u2019s Silence Speaks Volumes<\/p>\n
Nobel Prize-winning economist\u00a0Paul Krugman<\/strong>\u00a0has cautioned that the \u201cLiberation Day\u201d tariffs imposed by former President\u00a0Donald Trump<\/strong>\u00a0are having unintended consequences. Krugman argues that China now has the upper hand in the ongoing trade war.\u00a0<\/p>\n Read\u00a0the full article\u00a0here<\/a>.<\/p>\n China\u2019s Silence Is Scarier Than Tariffs\u20145 Ways It Could Hit Trump Hard<\/p>\n Amid the escalating U.S.\u2013China trade tensions, President\u00a0Donald Trump\u00a0has been vocal with his tariffs. However, China\u2019s strategic silence could be more impactful than any retaliatory measures. The risks surrounding the trade relations between Washington and Beijing remain high.\u00a0<\/p>\n Read\u00a0the full article\u00a0here<\/a>.<\/p>\n Marc Andreessen Backs Elon Musk\u2019s $10 Trillion US Re-Industrialization Plan<\/p>\n See Also:\u00a0\u2018No One Wants Cash Right Now\u2019 As Confidence In Fiat Currencies Collapses: Institutional Cash Allocation Drops To Lowest In 12 Years<\/a><\/strong><\/p>\n Renowned tech investor\u00a0Marc Andreessen<\/strong>\u00a0has voiced his support for a proposal suggesting that\u00a0Elon Musk<\/strong>\u00a0should lead a $10 trillion initiative to reindustrialize the U.S. This proposal was made by a user on X, and Andreessen has given it his backing.\u00a0<\/p>\n Read\u00a0the full article\u00a0here<\/a>.<\/p>\n Trump\u2019s Tariffs Are Pushing China To Learn To Live Without US, Says Jim Cramer<\/p>\n According to\u00a0Jim Cramer<\/strong>, China is rapidly adapting to the trade challenges posed by\u00a0Donald Trump\u2019s tariffs and trade wars. This could mean that China is now less reliant on American markets than ever before.\u00a0<\/p>\n Read\u00a0the full article\u00a0here<\/a>.<\/p>\n Jamie Dimon: AI Is Not A Bubble, But It Will Cause A Revolution<\/p>\n Jamie Dimon<\/strong>\u00a0is not buying into the AI bubble hype. The JPMorgan Chase & Co.<\/strong> (NYSE:JPM<\/a>) CEO believes that artificial intelligence is not a fad and that the payoff will come. However, it will replace jobs at a pace that could cause major problems if governments and businesses fail to prepare.\u00a0<\/p>\n Read\u00a0the full article\u00a0here<\/a>.<\/p>\n