Trump Tariff Costs Triple for Midsized Firms Amid AI Safety Debate
Midsized businesses in the United States have seen their tariff payments triple over the past year as the average tax on imports surged from 2.6 percent to 13 percent. Recent data from the New York Federal Reserve and JPMorganChase suggest that 90 percent of these costs fall directly on American consumers and firms. As the Supreme Court weighs the legality of these trade policies, the administration faces further legal pressure from U.S. District Judge Sunshine Sykes, who recently vacated immigration detention mandates. In the technology sector, the AI Impact Summit in Delhi has highlighted a growing divide between industry leaders like Sir Demis Hassabis, who advocates for smart regulation, and the White House, which rejects global AI governance. Additionally, medical researchers at Stanford University have developed a universal nasal spray that could provide broad protection against diverse respiratory threats.
Topics Covered
- 📊 Economic Impact: Research shows the average effective tariff rate has reached nearly 17 percent, the highest level since 1932.
- 🏛️ Immigration Rulings: Judge Sunshine Sykes joins over 370 federal judges in rejecting administration efforts to mandate detention without bond.
- 🌍 AI Governance: Global leaders at the Delhi summit clash over the need for robust guardrails and international oversight for autonomous systems.
- 🔬 Medical Innovation: A new Stanford-led intranasal vaccine sustains both innate and adaptive immune responses to fight flus and allergies.
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