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Trump’s tariff policy risks undermining US leadership in AI

Experts anticipate that Trump's tariffs will accelerate the growth of energy costs for businesses, especially for AI centers and data storage and processing facilities

LONDON, April 7. /TASS/. The policy pursued by US President Donald Trump of imposing tariffs on all imports may jeopardize the country’s leadership in the fields of artificial intelligence (AI) and big data storage and processing, the Financial Times wrote citing experts.

According to data from Bank of America, in 2024, electricity costs in the United States were already rising at twice the pace of inflation, with certain electricity suppliers in various parts of the country requesting regulatory approval for rate increases of 10% or more. Experts anticipate that Trump's tariffs will accelerate the growth of energy costs for businesses, especially for AI centers and data storage and processing facilities, which are notable for their extremely high energy consumption.

AI projects are also likely to be impacted by rising battery costs, as batteries are one of the key components for data centers.

On April 2, Trump announced the introduction of customs tariffs on goods from 185 countries and territories. Russia was not included in this list. A universal tariff of 10% came into effect on April 5, while individual tariffs will be applied starting April 9. In addition, beginning April 3, the US administration imposed a 25% tariff on all imported cars.

Middle East conflict

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Maria Zakharova described the incident as a "shameful show" orchestrated by Paris

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White House confirms increase of duties on imports from China to 104%

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US, Russia working on detailed plan of de-orbiting ISS — NASA deputy chief

"We work that together as a team with our Russian colleagues and all of our other international partners," Ken Bowersox said

Russian army to push Ukrainian troops out of two last settlements in Kursk Region

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US senator claims Iran close to creating six nuclear bombs

"They will kill Israel" and "they'll come after us," Lindsey Graham said

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Ukrainian air defenses’ incompetent actions behind civilian deaths in Krivoy Rog — envoy

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US to start collecting 104% duties from China since April 9 — Fox Business

China missed its deadline to remove tit-for-tat tariffs, reporter Edward Lawrence noted

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Russian lower house ratifies Treaty on Strategic Partnership with Iran

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Peacekeeper deployment to Ukraine to mark ‘leap towards WWIII’ — Kyrgyz defense chief

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China to take drastic measures in response to Trump’s 104% tariffs — MFA

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Kiev betrayed its spiritual values, history — Lavrov

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Russia issues protest to Estonian diplomat over vandalism at military cemetery

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Ukrainian command orders to abandon injured troops in Kursk Region — prisoner of war

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Russia determined to discuss return of diplomatic property with US — ambassador

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Su-35S jet provides protection for Russian aviation in Kursk Region — Defense Ministry

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Trump assassination attempt suspect tried to buy rocket launcher in Ukraine — Fox News

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Europe has ordered $265 bln worth of US weapons during Ukraine crisis — NATO general

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Putin grants Russian citizenship to actress and singer Natalia Oreiro and her son

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Damascus recalls envoy to Russia, shift in diplomatic mission's lead ahead — source

No official statement have been made by the Syrian Foreign Ministry so far

Russian forces strike Ukrainian tactical missile enterprise over past day — top brass

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Trump believes that China will eventually sign trade deal with US

"They want to make a deal," US leader said

Musk unsuccessfully asked Trump to reconsider US retaliatory tariffs — newspaper

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US says its troops to keep helping with Ukraine aid after pulling out of Polish airfield

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US SPACECOM chief urges Pentagon to deploy weapons in space

General Stephen Whiting highlighted the critical role of space-based interceptors, particularly as part of America’s evolving Iron Dome missile defense system

Kremlin declines to comment on Kiev's claims of capturing Chinese citizens

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Russian MFA warns West won’t succeed in hiding Ukraine’s crimes committed in Kursk Region

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US Special Operations Forces to plan operations based on Ukrainian conflict experience

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Oreshnik’s launch is sudden, undetectable by satellites — analyst

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Tedros Adhanom Ghebreyesus reiterated the dire consequences of the COVID-19 outbreak worldwide

Ukraine harvests own soldiers for organs, sends them to unknowing Westerners — Russian MFA

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