Trump's 80% China Tariff Tweet, AI in Finance, and CrowdStrike Probe

US-China Trade Talks and Tariffs

• 🇨🇳 President Trump tweeted an 80% tariff on China ahead of trade talks in Switzerland, a number that surprised analysts.
• 📉 Expectations were for a de-escalation to below 60%, but even 80% or 60% tariffs remain prohibitively high and damaging to both US and Chinese economies.
• 🇺🇸 The administration aims to de-escalate and bring down tariffs, but current levels are still significantly high compared to pre-tariff periods.
• 🇨🇭 Scott Besson is leading the US delegation, with Jameson Greer also present, as negotiations aim to establish a path for tariff reduction.
• 📉 Exports from China to the US have already decreased by 21% in April, with further declines expected even with de-escalation.
• 📦 Companies have built up inventories, which may buffer consumers from immediate empty shelves, but job cuts and hiring slowdowns are anticipated.

AI in Investment Management

• 🤖 Boosted.AI helps professional investment managers automate tasks using AI workers for competitive analysis and information scanning.
• 💡 AI can automate drudgery like due diligence, report writing, and SWOT analyses, significantly speeding up these processes.
• 🌍 The system monitors the world in real-time, scanning corporate events and earnings calls to inform portfolio managers.
• 🚀 AI offers