Money, Wealth & Power—A Daily Look at the Financial World
When Donald Trump sat in the Oval Office to announce Project Vault, the headline number did much of the talking: a $12 billion financing blitz, anchored by a $10 billion federal loan and supplemented by private capital, to build a Strategic Critical Minerals Reserve. The initiative is framed as an emergency response to U.S. Geological…
The fight over who controls the ports at each end of the Panama Canal has erupted into a full‑blown geopolitical clash, with China warning that Panama will pay a “heavy price” after a court decision that President Donald Trump is touting as a strategic win. At stake is far more than a single concession: the…
As Washington turns inward and quarrels with some of its closest partners, Beijing is moving quickly to present itself as a steadier alternative. From trade deals to Arctic diplomacy, China is testing how far it can stretch the loyalties of frustrated U.S. allies without triggering outright rupture with the United States. The result is a…
China’s trade machine just delivered a blunt verdict on Washington’s tariff strategy. In 2025 the country booked a record trade surplus of $1.2 trillion, a figure that surged even as President Donald Trump escalated duties on Chinese goods. Rather than forcing Beijing to bend, the tariff fight has coincided with a wider realignment of global…
China’s decision to punish Boeing and a slate of other American defense giants after President Donald Trump approved an $11 billion weapons package for Taiwan marks a sharp escalation in the contest over the island’s future. The move fuses trade, technology, and security into a single pressure campaign, turning corporate balance sheets into collateral in…
Donald Trump has claimed that China stopped buying American soybeans during Joe Biden’s presidency, casting himself as the only leader who could reopen that market. The trade data tell a very different story, showing steady Chinese demand and, in key years, larger shipments under Biden than during Trump’s first term. The gap between the rhetoric…
Taiwan’s decision to pour $40 billion into new weapons and defenses has collided with a sharp turn in global geopolitics, as President Donald Trump throws Washington’s weight behind the island just as China tightens its partnership with Russia. The result is a three-way test of resolve in Asia, where military budgets, diplomatic statements and arms…
California’s most prominent electric tractor startup is suddenly staring at an existential threat after its main Chinese manufacturing partner walked away. The rupture exposes how even climate-focused hardware companies that brand themselves as all-American can be deeply dependent on overseas capital and supply chains, and how quickly that foundation can crack when geopolitical and financial…
Jensen Huang, CEO of Nvidia, is deepening ties with President Donald Trump as the company navigates escalating fallout from U.S.-China trade tensions over semiconductor exports. This development, reported on November 4, 2025, signals a strategic pivot for Huang amid restrictions that have severely impacted Nvidia’s access to the Chinese market, potentially worth billions in revenue….
President Donald Trump announced on October 29, 2025, that he might engage in discussions with China’s President Xi Jinping regarding Nvidia’s advanced “super-duper” Blackwell chip. This potential dialogue comes amid ongoing trade tensions between the United States and China, particularly concerning semiconductor exports. Additionally, Trump has indicated plans to reduce tariffs on Chinese fentanyl imports…