The President's Daily Brief April 16th, 2025: Trump’s Tariffs Crush China’s Chip Market & A Wave Of Narco Terror In France
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Apr 16, 2025 Trump's tariffs are wreaking havoc on China's chip market, with traders reporting a dramatic collapse in business. In Yemen, increased military action signals a potential ground offensive against the Houthi rebels after U.S. airstrikes intensify. Meanwhile, France faces a wave of terror as gunmen launch attacks amid a growing crackdown on drug trafficking. The situation in Haiti is dire, with Caribbean leaders warning of a possible government collapse as gang control escalates.
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Tariffs Cripple China's Chip Market
- Trump's tariffs on Chinese exports have led to a sharp collapse in China's chip market.
- Rising prices and halted operations reflect deep economic destabilization within China.
Yemen Ground Offensive Looms
- U.S. airstrikes have set conditions for a possible Yemeni ground offensive against Houthi rebels.
- Such ground action aims to dismantle Houthis' coastal control and disrupt Iranian weapons supply lines.
Narco-Terror Hits French Prisons
- France is facing coordinated narco-violence targeting prisons amid an intensified anti-cocaine crackdown.
- The wave of attacks underscores the growing power and aggression of drug networks in French cities.