Donald Trump warns European countries : " They will be subject to tariffs" if they do not correct trade imbalances. " They treated us badly. If you don't do this, you will not get justice ," the president said during an event at the White House, during which he opened up to the possibility that Elon Musk could buy TikTok "if he wants" and announced the "Stargate" project , the joint venture for investments of up to 500 billion dollars in the United States to build the infrastructure necessary for artificial intelligence.
Trump appeared alongside Softbank CEOs Masayoshi Son, Oracle CEO Larry Ellison, and OpenAI CEO Sam Altman, the three companies involved in Stargate. The joint venture will deploy $100 billion “immediately” with the goal of reaching “at least” $500 billion in AI projects , Son said.
"This is a credit to the country. We're going to do everything we can to make sure there are as few problems as possible," Trump said, explaining that the investment is the beginning of "America's golden age . We're moving with unprecedented speed to address America's various crises."
As he works to relaunch the United States, Trump does not lose sight of the challenges the country is facing . Among these is the "bad treatment" of the US by Europe and "everyone else" on trade . Warning the EU of possible duties, the president reiterated that he intends to impose tariffs on Canada and Mexico starting February 1, when 10% duties could also be imposed on China for fentanyl.
On the Middle East he opened a visit soon, while for the war in Ukraine he reiterated that he can meet President Vladimir Putin "whenever he wants . Zelensky would like peace, but it takes two to have it", he explained without excluding new sanctions against Moscow if it does not sit down to negotiate.
Looking at what is happening in Kiev, Trump also sent a message to Europe and NATO: they should increase their defense spending to 5% of GDP, above the current target of 2%.
(Unioneonline/vl)