Trump eases auto tariffs amid industry concerns

President Donald Trump has signed executive orders easing his controversial 25% tariffs on automobiles and parts, aiming to relieve pressure on carmakers struggling with rising costs.

The move follows warnings from manufacturers and analysts that the tariffs could inflate prices, harm domestic production and slow the industry’s recovery. Trump framed the measure as a temporary bridge, allowing automakers time to shift more manufacturing into the US instead of facing harsh penalties.

The changes include a short-term rebate system tied to the proportion of foreign parts used in vehicles assembled domestically. Automakers have been told they’ll have two years of reduced levies, giving them time to reconfigure supply chains and invest in new US-based facilities.

Officials claim announcements on job creation and plant expansion are expected soon, with companies like Stellantis, Ford, and GM praising the policy shift as a step toward competitiveness rather than an immediate fix.

However, some experts warn that the industry needs stability instead of unpredictable policy swings. They argue that relocating production takes years and billions in investment, not mere months.

With vehicle prices already high and supply chains stretched, economists question whether the tariff adjustments can offset the broader economic risks posed by Trump’s wider trade strategy.

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Tech giants circle as Chrome faces possible break-up

Alphabet, Google’s parent company, may soon be forced to split into separate entities, with its Chrome browser emerging as a particularly attractive target.

With Chrome controlling over 65% of the global browser market, interest is mounting from AI-driven firms and legacy tech companies alike, all eager to take control of a platform that reaches billions of users.

OpenAI, known for ChatGPT, sees Chrome as a natural fit for its expanding AI ecosystem, especially with search features increasingly integrated into its chatbot.

Rival AI search firm Perplexity is also eyeing Chrome instead of building from scratch, viewing it as a shortcut to mainstream adoption and a rich source of user data and engagement.

Yahoo, backed by Apollo Global Management, is reportedly considering a $50 billion bid, even while developing its own browser internally.

Despite legal uncertainties and the threat of drawn-out regulatory battles, the opportunity to own Chrome could radically shift influence in the tech sector, especially while Google faces mounting antitrust scrutiny.

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TikTok moves into Japanese E-commerce

Chinese social media giant TikTok is preparing to launch its online shopping service in Japan within the coming months, according to a report by the Nikkei newspaper.

The company plans to begin recruiting sellers soon for TikTok Shop, its e-commerce arm that has already made waves in other regions through livestream-based sales of a wide range of products, from footwear to cosmetics.

The move is part of TikTok’s broader strategy to grow internationally, especially while its future in the US remains uncertain. The platform recently expanded into France, Germany and Italy, pushing further into the European market instead of relying solely on existing user bases.

TikTok Shop is known for offering attractive discounts and allowing users to earn commissions by promoting items in live broadcasts.

In contrast, TikTok’s operations in the US continue to face political and regulatory hurdles. A law passed in 2024 requires ByteDance, TikTok’s China-based parent company, to sell off its US assets by January 19.

Although President Donald Trump indicated a deal might still happen, he also suggested any agreement could be delayed due to shifting dynamics in US-China trade relations.

Despite not immediately responding to media requests for comment, TikTok seems determined to strengthen its foothold in international markets.

By entering Japan’s e-commerce space, the company signals it intends to expand through business innovation and regional diversification instead of waiting for political clarity in the United States.

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Trump’s first 100 days show steady tech policy

In his blog post ‘Tech continuity in President Trump’s first 100 days,’ Jovan Kurbalija highlights that Trump’s approach to technology remained remarkably stable despite political turbulence in trade and environmental policy. Out of 139 executive orders, only nine directly addressed tech issues, focusing mainly on digital finance, AI leadership, and cybersecurity, reflecting a longstanding US tradition of business-centric tech governance.

Trump’s administration reinforced the idea of letting the tech sector evolve without heavy regulatory interference, even as international players like the EU pushed for stronger digital sovereignty measures. Content moderation policies saw a significant shift, notably with an executive order to curb federal involvement in online censorship, aligning with moves by platforms like Meta and X (formerly Twitter) toward deregulation.

Meanwhile, the prolonged TikTok saga underlined the growing intersection of tech and geopolitics, with ByteDance receiving a deadline extension to sell its US operations amid rising tensions with China. In AI policy, Trump steered away from Biden-era safety concerns, favouring economic competitiveness and educational reforms to strengthen American AI leadership, while public consultations revealed a broad range of industry perspectives.

Kurbalija also noted the administration’s steady hand in cybersecurity, focusing on technical infrastructure while minimising concern over misinformation, and in digital economy matters, where new tariffs and the removal of the de minimis import exemption pointed toward a potentially fragmented global internet. In the cryptocurrency sector, Trump adopted a crypto-friendly stance by creating a Strategic Bitcoin Reserve and easing previous regulatory constraints, though these bold moves sparked fears of financial volatility.

Despite these tactical shifts, Kurbalija concludes that Trump’s overarching tech policy remains one of continuity, firmly rooted in supporting private innovation while navigating increasingly strained global digital relations.

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Huawei develops Ascend 910D chip to rival Nvidia

Huawei Technologies is preparing to test its newest AI processor, the Ascend 910D, as it seeks to offer an alternative to Nvidia’s products following US export restrictions. The company has approached several Chinese tech firms to assess the technical feasibility of the new chip.

Extensive testing will follow to ensure the chip’s performance before it reaches the wider market. Sources claim Huawei aims for the Ascend 910D to outperform Nvidia’s H100 chip, widely used for AI training since 2022.

Huawei is already shipping large volumes of its earlier Ascend 910B and 910C models to state-owned carriers and private AI developers like ByteDance. Demand for these processors has risen as US restrictions tightened Nvidia’s ability to sell its H20 chip to China.

Increased domestic demand for Huawei’s AI hardware signals a shift in China’s semiconductor market amid geopolitical tensions. Analysts believe this development strengthens Huawei’s ambition to compete globally in the AI chip market.

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DeepSeek shifts towards commercial AI products with urgent hiring drive

Chinese AI startup DeepSeek is urgently hiring for product and design roles as it pivots from pure research towards commercialising its large language model technology.

A job notice posted on its official WeChat account called for candidates with experience in product management and visual design to work in Beijing and Hangzhou.

The hiring move reflects DeepSeek’s ambition to create the ‘next generation of intelligent product experience’ centred on its powerful open-source models, following the success of its low-cost R1 reasoning model.

Founded in 2023 by Liang Wenfeng, DeepSeek has quickly made a name for itself by challenging industry giants like OpenAI with affordable, high-performing models.

Its latest models, including the upgraded V3 and upcoming R2, have been praised for their strong reasoning and coding abilities, with open-source availability under the permissive MIT licence.

Major Chinese firms such as Tencent and Baidu have already integrated DeepSeek’s technology into their platforms, boosting its reputation as a major force in China’s AI race.

The rush to recruit product and operational leaders mirrors a wider industry trend as AI firms recognise the critical role of product managers in translating technological breakthroughs into real-world applications.

DeepSeek’s founder has made it clear that creativity and passion outweigh traditional experience in the company’s hiring priorities.

As the global AI industry continues to evolve, DeepSeek’s bold shift from research to product development signals a maturing market with fierce competition on both sides of the Pacific.

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India seeks tech parity and trade concessions in US pact talks

India is preparing to urge the United States to ease export controls and grant it access to critical technologies under the proposed bilateral trade agreement. India is aiming for treatment similar to that received by key US allies such as Australia, the UK, and Japan.

Sectors including telecom equipment, biotechnology, AI, pharmaceuticals, quantum computing, and semiconductors are expected to be part of India’s demands, sources said.

Alongside tech access, India plans to request duty concessions for its labour-intensive industries. Key sectors like textiles, gems and jewellery, leather goods, garments, plastics, chemicals, shrimp, oil seeds, grapes, and bananas are high on India’s agenda for reduced tariffs.

These sectors are seen as vital to boosting India’s exports and supporting its domestic workforce. The United States, in return, is seeking tariff reductions for its exports of industrial goods, electric vehicles, wines, petrochemical products, dairy items, and agricultural produce such as apples and tree nuts.

Both sides are aiming to strike a mutually beneficial deal, although balancing these competing priorities could present a major challenge in the negotiations.

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Coinbase urges the SEC to allow staff to use cryptocurrencies

Coinbase has formally asked US regulators to lift the ban preventing Securities and Exchange Commission (SEC) staff from buying, selling, or using cryptocurrencies that are not considered securities.

Chief Legal Officer Paul Grewal sent letters to SEC Chair Paul Atkins and the US Office of Government Ethics on 22 April.

He argued that the restriction limits the regulators’ ability to oversee the crypto sector properly. Grewal emphasised that the ban is particularly damaging. The SEC is working under a presidential order to propose regulatory reforms supporting America’s leadership in digital finance.

Nearly half the given timeframe has already passed, yet SEC staff remain unable to engage with the technology they are meant to regulate. Coinbase warned that effective oversight requires hands-on experience with crypto assets.

The company also suggested allowing ownership of certain cryptocurrencies under conditions that would prevent conflicts of interest. According to Coinbase, the changes would align with the Office of the Inspector General’s call for regulators to adapt in a rapidly evolving market.

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AI investments lift Alphabet despite cloud slowdown

Alphabet’s shares climbed over 5% in premarket trading after the company reported strong earnings that reassured investors of its AI strategy.

Despite a slight deceleration in advertising and cloud growth, Google’s parent company beat expectations, signalling that its major bets on artificial intelligence are starting to pay off.

Advertising revenue, which forms the backbone of Alphabet’s business, rose 8.5% in the first quarter to $66.89 billion—outperforming analyst projections.

Although this marks a slowdown from the previous quarter’s growth, it reinforces investor confidence in Alphabet’s ability to monetise AI across its services. Meanwhile, Google Cloud revenue grew by 28%, falling just short of forecasts and indicating some cooling in the segment.

The company is pressing ahead with its ambitious infrastructure plans, reaffirming a $75 billion investment in expanding data centre capacity.

Alongside Microsoft’s even larger plans, these efforts contribute to Big Tech’s anticipated $320 billion AI investment in 2025. However, growing trade tensions and fears of an economic downturn have led to questions about the sustainability of such capital spending.

While Alphabet remains a key player in the AI race, legal challenges loom large. Ongoing antitrust actions in the United States could compel the company to divest core assets like Chrome, as regulators seek to limit Google’s market dominance.

Nevertheless, many analysts remain optimistic, with several brokerages raising their price targets, pointing to Alphabet’s ability to deliver GenAI-powered products at scale despite headwinds.

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Google stopped Motorola from using Perplexity as default assistant

A senior executive at Perplexity AI has testified that Google prevented Motorola from setting the AI startup’s assistant as the default on new smartphones, citing restrictive contracts.

The testimony came during a trial seeking remedies after Google was found to have unlawfully maintained a search monopoly.

Although Motorola will preload the app, it cannot make it the default due to binding agreements with Google. Perplexity’s Chief Business Officer, described the difficulty of replacing Google’s assistant on Android phones, saying Google’s terms create an environment where device makers fear losing revenue.

The CEO added that ongoing negotiations with other companies only became possible due to pressure from the US Department of Justice’s antitrust case.

The Justice Department is asking the court to ban Google from paying for default placements, which would also affect its AI products like Gemini.

Meanwhile, Perplexity is developing its own browser, Comet, and voiced concern about any Chrome sale undermining open-source access. The company does not support OpenAI’s interest in acquiring the browser, citing past inconsistencies in its open-source commitments.

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