ECONOMY

Money Moves

The Trump admin’s makin’ trade deals and AI plans. 

President Trump unveiled a “massive” trade deal with Japan, lowering tariffs from 25% to 15% in exchange for Japan’s $550B investment in the U.S., including purchasing 100 Boeing planes and upping defense spending with American firms. Trump says the U.S. will “receive 90% of the profits” from the investment, and that the deal will increase American industries’ market access in Japan.

The markets applauded; the S&P 500 reached an all-time high and Japanese auto stocks (Toyota and Honda) each accelerated by ~12%.

Meanwhile, the White House unveiled its strategy for “winning the AI race” in a 23-page document outlining plans to speed up construction of data centers, mitigate "ideological bias” in chatbots, and remove federal “red tape” (think: environmental regulations).


ETERNAL PERSPECTIVE
Our ultimate purpose is to glorify God—the Creator of the universe, the God who provides, the Great Innovator, and the Inventor of everything. No matter what the state of the economy is or what new technology emerges, remember to use all of your resources to point others to eternal hope in Him. 

“He is the image of the invisible God, the firstborn over all creation. For everything was created by him, in heaven and on earth, the visible and the invisible, whether thrones or dominions or rulers or authorities—all things have been created through him and for him.” 
Colossians 1:15-16 (CSB) (read full passage)