Bloomberg News Now March 26, 2025: OpenAI-Softbank Investment Deal, Carney on US Auto Tariffs, More
Mar 27, 2025
Delve into the economic landscape with insights on OpenAI's soaring valuation and the impact of US auto tariffs. Hear expert analysis on how these changes could influence market dynamics and inflation. Discover the risks of inflation and how businesses can adapt using technology to navigate economic challenges. Engaging commentary from financial and political figures adds depth to these pressing topics.
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OpenAI's Soaring Valuation
- OpenAI's valuation has almost doubled since last year, reaching $300 billion.
- SoftBank leads the latest funding round, highlighting investor confidence in OpenAI.
Trump's Auto Tariffs
- President Trump imposed a 25% tariff on foreign-made cars.
- He claims this encourages businesses to return to the US.
Canada's Response to Tariffs
- Canadian Prime Minister Mark Carney views US auto tariffs as a direct attack on Canada.
- Carney plans to offer liquidity options and tax delays to affected Canadian companies.