US President Donald Trump criticized the Biden administration for providing Ukraine with $350 billion, stating that the money could have been used to rebuild the US Navy. He also announced the suspension of military aid to Ukraine, pressuring President Volodymyr Zelenskyy to negotiate with Russia.
At a White House press conference, Trump highlighted a major investment by Taiwan Semiconductor Manufacturing Company (TSMC), which will invest at least $100 billion in the US for artificial intelligence chip production. He called it a crucial step for national security and economic independence, emphasizing that advanced AI chips will now be made in the US.
Trump also announced a tariff hike on Chinese imports, raising duties from 10 to 20 percent due to China’s failure to curb fentanyl trafficking. He warned that economic sanctions on Russia could be reconsidered and criticized Europe for not contributing enough to its own defense.
TR