China is considering additional trade measures against Taiwan following President Lai Ching-Te’s speech, with the Ministry of Commerce stating that the ruling party has not taken steps to lift trade restrictions on mainland China. The announcement could lead to tariffs or economic pressure on Taiwan, as tensions rise due to China’s view of Taiwan as its own territory and Lai’s rejection of Beijing’s sovereignty claims. The trade dispute stems from Taiwan’s perceived stance on independence, with China previously reinstating tariffs on Taiwanese imports and potentially ending preferential trading terms under the Cross-Strait Economic Cooperation Framework Agreement.
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Artificial intelligence (AI) is expected to significantly boost the global economy, potentially contributing nearly $20 trillion to GDP by the decade's end, prompting substantial investment in AI stocks like Nvidia, Broadcom, Palantir, and Snowflake. For those who missed earlier gains, Meta Platforms and Lam Research present attractive investment opportunities as they leverage the AI surge while trading at appealing multiples. Want More Context? 🔎
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