Qualcomm's derived 46% of its revenue in its most recent fiscal year from customers with headquarters in China. Trump has floated second-term plans for blanket tariffs of 10% to 20% on virtually all imports as well as tariffs of 60% or more on goods from China, in a bid to boost US manufacturing.
Musk contributed at least $119 million to a pro-Trump spending group, federal records show. A Trump administration, influenced by Musk, is expected to push for softer regulations on this front, according to four SpaceX sources familiar with its regulatory strategy.
The International Finance Corporation, a World Bank arm, is granting a $400 million loan to Bajaj Finance. The funds will be used to finance customer purchases of electric vehicles, expand into energy-efficient appliances, and empower women-owned microenterprises and borrowers. This initiative is set to quadruple Bajaj Finance's climate loan portfolio to $600 million by 2027.