Week of 04/17/2025 | Episode 8/12 -

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📌 Topics Covered in This Video:

🔹 Elon Musk Expresses Distrust in OpenAI and Sam Altman

• Elon Musk stated he doesn't trust OpenAI and CEO Sam Altman, expressing concerns over the control of powerful AI technologies.​

• Musk emphasized the need for trustworthy leadership in AI development.​

🔗 The Verge | TechCrunch

🔹 BYD Surpasses Tesla in Global EV Sales

• BYD's CEO Wang Chuanfu added $9.3 billion to his wealth as the company surpassed Tesla in global EV sales.​

• BYD's dominance in China’s new energy vehicle market raises questions about Tesla's future competitiveness, especially if BYD enters the U.S. market.​

🔗 ⁠Forbes⁠ | ⁠Bloomberg⁠

🔹 Japan's Mukoyoshi Tradition Keeps Family Businesses Alive

• Japan's centuries-old mukoyoshi tradition allows families to adopt adult men to take over family businesses.​

• Companies like Suzuki, Toyota, and Kikkoman have utilized this practice to ensure business continuity.​

🔗 ⁠BBC⁠ | ⁠Nikkei Asia⁠

🔹 FBI Warns Against Texting Between iPhone and Android

• The FBI advises Americans to avoid texting between iPhone and Android devices, citing security and encryption issues.​

• The agency recommends using third-party apps like WhatsApp for secure communication across different platforms.​

🔗 [The Verge](https://www.theverge.com/2025/04/10/fbi-warns-against-texting-between-iphone-and

🔹 China Files WTO Complaint Against U.S. Tariffs

• China officially lodged a complaint with the World Trade Organization, arguing recent U.S. tariffs violate trade agreements

• Also calls for the “complete cancellation” of Trump’s sweeping import taxes

• The Chinese yuan dropped to an 18-year low following the dispute, as tensions escalate

🔸 Related Segments:

 — Trump’s 145% tariff retaliation

 — Kevin O’Leary demands 400% tariffs on China

 — China says “we’ve lasted 5,000 years — we don’t need the U.S.”

🔗 WSJ | SCMP

🔹 Insider Trading Allegations Surface Around Trump’s Tariff Pause

• President Trump told Americans it was a “good time to buy” — just days before announcing a 90-day tariff pause that caused a record market surge

• Investigators are now exploring whether select hedge funds or political allies acted on non-public info

• Other angles include ETF trades, defense stock spikes, and unusual donor portfolio shifts

🔸 Related Segments:

 — $3.5T added to U.S. markets post-pause

 — Trump proposes subsidizing Americans via tariffs

 — Eric Trump’s crypto comments as Ethereum tanked

🔗 Reuters | Bloomberg

🔹 Trump’s 90-Day Tariff Pause and Global Trade Negotiations

• President Trump introduced a 90-day pause on tariffs at a universal 10% rate, initiating negotiations with over 75 countries.

• China responded by raising its tariffs on American goods to 125%, prompting the U.S. to increase levies on Chinese imports to 145%.

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#Tariffs #Trump #WTO #InsiderTrading #China #Markets #InterestRates #GMDegens