Originally published at: https://peakprosperity.com/daily-digest/trump-issues-final-deadline-on-trade-deals-texas-to-deprioritize-data-centers-in-grid-emergency/
Economy
President Donald Trump has announced plans to impose tariffs on countries without U.S. trade deals by July 9. This ultimatum aims to streamline trade relations by setting a fixed tariff rate for non-compliant countries. In a related development, Canada has rescinded its digital services tax on American companies following pressure from Trump, showcasing his administrationâs focus on defending U.S. economic interests. These actions reflect Trumpâs strategy to leverage tariffs as a tool for economic diplomacy. However, some economic analysts warn that such broad tariff policies could lead to increased costs for American consumers and potentially spark a trade war.
Meanwhile, a recent survey by Guardian Service reveals that one in three Americans have had to cut back on insurance to afford basic needs like food. The survey of 1,000 individuals found that 35% delayed or canceled significant purchases, with Millennials and Gen Z being particularly affected. High interest rates, economic anxiety, and unaffordable prices are reportedly driving these decisions, with many opting to reduce or cancel insurance coverage, especially car insurance, to manage short-term financial relief. However, some older demographics are investing more in insurance as a form of financial security, seeing it as a critical part of their retirement planning.
Energy
In Texas, the legislature has passed S.B. 6, granting the Electric Reliability Council of Texas (ERCOT) the authority to manage power usage by data centers during grid emergencies. This move comes in anticipation of significant growth in data centers, expected to increase from 87 GW this year to 138 GW by 2030, potentially challenging grid reliability. The law introduces mandatory and voluntary demand management programs for large loads. Some data center operators in Texas have expressed concerns about potential data loss or damage to sensitive equipment due to mandatory disconnections during grid emergencies.
Meanwhile, in the UK, the government has reportedly abandoned a ÂŁ24 billion plan to import Moroccan wind and solar power via a subsea cable, citing security and cost concerns. The project, initially priced at ÂŁ16 billion, saw costs escalate, and its feasibility was questioned due to the risks associated with transmitting intermittent power over such a long distance.
Health
In a recent study, Stanford University paid 35,000 participants to quit social media, finding that the emotional health benefits were comparable to those from therapy. This large-scale study underscores the potential mental health benefits of reducing social media use.
On another front, a paper published in âToxicology Reportsâ by Neil Miller suggests a link between vaccinations and sudden infant death syndrome (SIDS), a connection that has been largely ignored or downplayed by public health agencies, according to Miller.
Additionally, experts are urging the CDC to expand safety monitoring for mRNA vaccines due to their unique pharmacokinetics, which could lead to delayed effects and immunologic changes not captured by traditional monitoring systems. However, the CDC and FDA maintain that their current safety systems are robust, with no conclusive evidence of significant long-term adverse effects linked to the vaccines.
Finally, an open letter to former New Zealand Prime Minister Jacinda Ardern critiques her leadership during the global health crisis, highlighting a perceived disconnect between her messages of unity and kindness and the actual experiences of many during the crisis.
Sources
Texas Law Grants ERCOT Authority to Manage Data Center Power Usage During Grid Emergencies
âS.B. 6 authorizes the Public Utility Commission of Texas to develop two demand management programs â one mandatory and one voluntary â to ensure Texas data centers and other non-critical large loads help rather than hinder reliability.â
One in Three Americans Slash Insurance to Afford Basic Needs
âA third of Americans said they would temporarily go without insurance to cover essential expenses.â
UK Abandons ÂŁ24 Billion Moroccan Solar Dream: Reality Trumps Green Ambition
âIt comes as little surprise that yet another grandiose techno-utopian vision has ended not with a triumphant march toward Net Zero, but with a flick of the off-switch.â
Open Letter to Jacinda Ardern: A Critique on Leadership and Unity
âYou told the world that fear is not a leadership strategy. You told us to be kind. You told us we were all in this together. But we werenât. And we still arenât.â
Source | Submitted by Kiwibug
Trump Announces Tariff Ultimatum for Countries Without U.S. Trade Deals by July 9
âWeâll send a letter and weâll say we would consider it a great honor and this is what youâll have to do to shop in the United States, weâre like a department store, to shop in the United States and youâll pay a 25% tariff.â
Stanfordâs Massive Study Reveals Quitting Social Media Can Be as Beneficial as Therapy
âStanford paid 35,000 people to quit social media.â
Unveiling the Hidden Truth: The Global Suppression of Vaccine-Induced Infant Deaths
Before widespread vaccination in the 1960s, âcrib deathâ was rarely reported. After new vaccines were introduced and immunization campaigns expanded, sudden infant death syndrome (SIDS) emerged as a recognized cause of death. It became the leading cause of post-neonatal mortality in the U.S. by 1972.
Source | Submitted by richcabot
Trump Triumphs: Canada Withdraws Digital Tax on U.S. Companies
Caving to Trump, Canada RESCINDS their digital services tax on American companies.
Experts Urge CDC to Broaden Safety Monitoring for mRNA Vaccines Due to Unique Pharmacokinetics
âestablished evidence that we currently have that at least in some patients there is residual mRNA and spike for months you know if not years in staying in the body and distributed in in in different organ systems potentially randomly across different peopleâ
In addition to sources submitted by community members, the following were also used in the creation of this report: The Dallas Morning News, The Wall Street Journal, Reuters, CDC.
