Category Archives: WBAP 24/7 News

Brazil Hails US Tariff Rollback as ‘Significant Progress’ and Seeks More Exemptions

Brazil Hails US Tariff Rollback as ‘Significant Progress’ and Seeks More Exemptions

SAO PAULO (AP) — Brazil’s Vice President Geraldo Alckmin says U.S. President Donald Trump’s decision to remove additional import tariffs on some Brazilian agribusiness products marks significant progress. On Thursday, Trump lifted the 40% tariffs on goods like coffee, fruit, and beef to lower consumer costs. Alckmin, who also serves as Trade minister, led negotiations…MORE

Japan’s Exports to the World Rise, but Trump’s Tariffs Dent Its Shipments to the US

Japan’s Exports to the World Rise, but Trump’s Tariffs Dent Its Shipments to the US

TOKYO (AP) — Japan has reported that its exports to the world rose 3.7% in October from a year earlier, while imports edged up 0.6%. Data released Friday by the Finance Ministry showed exports to the U.S. dipped 3.1%, marking the seventh straight month of year-on-year declines. Worries remain about the possible negative impact from…MORE

OpenAI and Taiwan’s Foxconn to Partner in AI Hardware Design and Manufacturing in the US

OpenAI and Taiwan’s Foxconn to Partner in AI Hardware Design and Manufacturing in the US

TAIPEI, Taiwan (AP) — OpenAI has announced a partnership with Taiwan’s Foxconn to design and make equipment for AI data centers in the U.S. Foxconn, known for making assembling iPhones and other Apple products and making servers for Nvidia, said it will co-design artificial intelligence data center racks with OpenAI under the agreement. The products…MORE