Bloomberg Daybreak: US Edition

Trump Looks to Tighten Chip Ban; US Sides with Russia on UN Vote

4 snips
Feb 25, 2025
Akshat Rati, host of the Zero podcast and climate change expert, dives into pressing geopolitical issues. He discusses the Trump administration's attempts to further tighten semiconductor restrictions on China, calling allies to action. Rati also examines the unusual alliance between the U.S. and Russia in the UN, where both countries shied away from assigning blame for the Ukraine conflict. Additionally, he touches on the impending tariffs on Canada and Mexico, hinting at their economic ramifications while reflecting on Trump's evolving trade strategies.
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INSIGHT

Trump Administration Tightens Chip Restrictions on China

  • The Trump administration plans to tighten Biden-era semiconductor controls on China.
  • They're pressuring allies like Japan and the Netherlands to limit China's access to semiconductor technology and maintenance.
INSIGHT

Tariffs on Canada and Mexico

  • President Trump stated that tariffs on Canada and Mexico are "on track" to start on March 4th.
  • He wants to revive the Keystone XL pipeline, a project rejected by Obama in 2015.
INSIGHT

Trump Breaks with Allies on Ukraine War

  • President Trump broke with allies, voting with Russia against a UN resolution condemning the Ukraine invasion.
  • He signaled support for European peacekeepers in Ukraine after a peace deal, diverging from previous US policy.
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