Fri, February 7, 2025
Thu, February 6, 2025

[ Thu, Feb 06th 2025 ]: Vanguard

Solar power to the rescue

Recently, the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, said the Federal Government plans to establish an aircraft manufacturing firm in Nigeria. Within that same period, the Permanent Secretary of Innovation,
Wed, February 5, 2025
Tue, February 4, 2025

[ Tue, Feb 04th 2025 ]: Yahoo

Space Coast launch schedule

The Space Coast set a new record in 2024 with 93 launches from all providers, building off the 72 orbital missions flown in 2023. With SpaceX's continued pace, more launches from United Launch Alliance and the debut of Blue Origin's New Glenn,

What Trump's trade war means for 'friendshoring'

Colloquially known as "friendshoring," the policy is a way to hedge major industries like technology against big supply shocks, while reducing dependence on China and boxing out Beijing in the global competition for economic influence.

The article from Politico's Digital Future Daily discusses the potential implications of Donald Trump's proposed trade policies should he return to office. Trump has suggested implementing a 10 percent tariff on all imports and a 60 percent tariff on Chinese goods, aiming to reduce the U.S. trade deficit and boost domestic manufacturing. These policies could significantly impact global trade dynamics, potentially leading to retaliatory measures from other countries. The article highlights concerns from industry leaders about the effects on supply chains, particularly in the tech sector, where companies like Intel and TSMC have invested heavily in U.S. manufacturing due to previous incentives like the CHIPS Act. There's also mention of the broader economic strategy known as "friendshoring," where the U.S. seeks to strengthen trade relations with allies to diversify away from reliance on China. However, Trump's aggressive tariff plans could disrupt these efforts, leading to increased costs for consumers and businesses, and possibly triggering a new wave of trade wars.

Read the Full Politico Article at:
https://www.politico.com/newsletters/digital-future-daily/2025/02/05/trump-trade-war-tariffs-chips-friendshoring-00202713