for working with philanthropies, a list of supporters and funded coverage areas at
“For semiconductors, we may see certain goods no longer making sense to produce due to the cost — see Nintendo Switch 2 — and the value seen from IT purchases diminishing,” he said in an email.for Nintendo’s highly anticipated
were delayed in Aprilthe potential impact of tariffs. Nintendo laterthat some Switch 2 accessories would see price adjustments, but maintained that its baseline price for the console — $449.99 — would remain the same.
Nguyen said that in the medium term, the growth of foundries around the world will be beneficial to easing dependence on Taiwan for chip production. Down the road, “we should see a healthier global ecosystem for semiconductor manufacturing and more supply chain options in where chips are produced and can be procured,” he said.Broome, of the economic council, said he believes the Trump administration’s tariffs are aimed at restructuring global relationships. He said he hopes that “concludes quickly” because uncertainty over trade policy doesn’t favor the markets.
“If the tariffs are used for leverage to get better agreements in the next two or three months, then we’ll come back quickly, and will benefit from it,” Broome said. “If they’re considered long-term policy, I think it’ll really ice the capital markets from putting real money on the table.”
VINEYARD HAVEN, Mass. (AP) — Lewis Pugh has followed an unspoken rule during his career as one of the world’s most daring endurance swimmers: Don’t talk about sharks. But he plans to break that this week on a swim around Martha’s Vineyard, where “against government allegations that it’s a hotbed of liberalism and antisemitism.
In a letter to Harvard on Tuesday, a federal antisemitism task force said Harvard will lose grants from eight federal agencies in addition to $2.2 billion that wasby the Trump administration.
The letter said Harvard has become a “breeding ground for virtue signaling and discrimination” and faces a “steep, uphill battle” to reclaim its legacy as a place of academic excellence.“There is a dark problem on Harvard’s campus, and by prioritizing appeasement over accountability, institutional leaders have forfeited the school’s claim to taxpayer support,” the letter said.