TNB Tech Minute: Trump Administration Announces New Drone Tariffs
Summary
President Trump announced new tariffs on imported drones, imposing up to 100% duties on large models from China to counter its market dominance. Meanwhile, Chinese AI firm DeepSeek is raising prices for its flagship models and planning a Shanghai IPO after securing over $7 billion in funding. Additionally, Reddit is joining the S&P 500, replacing Avalon Bay Communities, which sent its shares up more than 13% in morning trading.
Topics discussed
Intro: AI investment and McKinsey partnership
Trump announces new tariffs on imported drones
White House cites national security for drone tariffs
DeepSeek hikes prices and plans Shanghai IPO
Reddit joins S&P 500 index
McKinsey: Rewiring orgs for true AI value
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