Bloomberg News Now July 14, 2025: Trump Issues Russia Ultimatum, Nvidia H20 Chip Plans, More
Jul 15, 2025
Tensions rise as Trump demands action from Russia amid escalating tariffs. NVIDIA is making moves to launch its H20 AI accelerator in China despite trade challenges. The podcast dives into the ramifications of U.S.-EU tariff negotiations on the financial sector and the anticipation of critical economic indicators like consumer prices. Plus, there's a fun recap of the MLB All-Star Home Run Derby and insights on how proactive troubleshooting can boost retail sales.
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Trump's Russia Ultimatum Risks
- President Trump's ultimatum gives Russia 50 days to cease fire or face 100% secondary tariffs.
- Expert Angela Stentz warns Russia's brutal summer offensive could still cause massive damage within that timeframe.
NATO Allies Fund Ukraine Aid
- The U.S. will provide advanced air defense systems to Ukraine funded by NATO allies, not directly by the U.S.
- This exemplifies Europe stepping up its support amid ongoing conflict.
NVIDIA's China AI Chip Reentry
- NVIDIA plans to resume selling its H20 AI accelerator to China after securing U.S. government licenses.
- This reversal could recover billions in sales lost due to previous export curbs.