Trump wants Big Tech to pay for new power plants as electricity prices surge

The data centers that power the AI boom also need power themselves – and a lot of it. Now, the Trump administration wants the tech companies cashing in on AI to foot a bigger part of the bill. The Trump administration said Friday that it would urge major East Coast power grid operator PJM InterconnectionContinueContinue reading “Trump wants Big Tech to pay for new power plants as electricity prices surge”

Canada cuts tariff on Chinese EVs in exchange for lower tariffs on Canadian farm products

Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday. Carney made the announcement after two days of meetings with Chinese leaders. He said there would be an initial annual cap of 49,000ContinueContinue reading “Canada cuts tariff on Chinese EVs in exchange for lower tariffs on Canadian farm products”

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