What's inside Elon's building in Memphis will shock you

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

Trump Says Japan Will Import Ford F-150 Trucks Amid Confusion Over 15% Tariff Timeline, Announces $650 Billion Deal With EU

Badar Shaikh
August 06, 2025

President Donald Trump has said that Japan will import the Ford Motor Co. (NYSE:F) F-150 pickup truck in the country, as confusion looms over a 15% tariff deal with Japan.

Trump Says Japan Will Take The Ford F-150

"They're taking our cars. They're taking the very beautiful Ford F-150, which does very well. And I'm sure we'll do very well there and other things that do very well here, will also do well there," Trump said in an interview with CNBC on Tuesday.

';EU Will Pay Us $650 Billion:’ Trump

The President also said that a deal worth $650 billion was in place with the EU. "In addition, the EU is going to pay us $650 billion – we're going to round it off, actually, because of certain things, to $600 billion," Trump said in the interview.

He also outlined a conversation with a senior EU leader complaining about the bloc not importing any U.S.-made vehicles. "That's not right. That's not a nice thing, Angela," Trump said before adding that the bloc now takes "all our cars, all our trucks, everything is open 100%."

Ryosei Akazawa's Visit To Washington

The news comes as Japan's top trade negotiator, Ryosei Akazawa, announced he was visiting the U.S. to push the Trump administration to ensure swift implementation of the 15% tariff deal with Japan.

"We’ll continue to strongly urge the US to take steps to implement the agreement swiftly and steadily, including the reduction of tariffs on cars and car parts," Akazawa said to the reporters before he left.

Ishiba Government Criticized For Not Signing Official Document

Japanese Prime Minister Shigeru Ishiba has been on the receiving end of criticism from opposition lawmakers in Japan for failing to sign an official document outlining the tariff agreement.

Ishiba defended the decision by saying that time constraints warranted the government to take swift action. Japan currently faces 27.5% tariffs on auto imports into the U.S.

Tariffs Hitting American Automakers Hard

Tariffs have cost the auto industry and companies billions of dollars through various duties and levies. Ford recently revised its tariff impact to $3 billion from the $2 billion in additional spending it said before, while Rivian Automotive Inc. (NASDAQ:RIVN) said that the company expects a “couple thousand dollars per unit” in additional costs due to Trump’s tariffs.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read Next:

  • Stellantis CEO Supports Trump Tariffs Even After The Ram, Jeep Maker Warned Of $1.7 Billion Hit In 2025

Photo Courtesy: Mike Mareen On Shutterstock.com

Continue Reading...

Popular

These 3 Dividend-Yielding Stocks Could Outperform As High Fed Rates Spark $4.9 Billion Inflows: Expert

Expert highlights the top high divided yielding stocks and funds that investors could consider to seize the opportunity amid high Fed rates.

Paula Deen has abruptly closed the Savannah restaurant that launched her to Food Network fame

SAVANNAH, Ga. (AP) — Former Food Network star Paula Deen announced Friday the abrupt closure of the Savannah restaurant that launched her to fame with its menu of fried chicken, banana pudding and other indulgent Southern dishes.

Our No.1 AI Stock Has Nothing to Do With Tech - Ad

Nvidia CEO Jensen Huang recently said AI requires "100 times more" power. We believe that means the best way to invest in AI right now has nothing to do with technology ... And everything to do with energy. One stock appears to be perfectly positioned...

Nvidia's CEO Hits Beijing Like A Rockstar, Stirs Jensen-Mania In China

Nvidia CEO Jensen Huang receives a rockstar reception in Beijing during his most recent visit last week.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Millions Over Morals: Survey Reveals Americans' Willingness To Sacrifice Love And Loyalty For Cash

A recent poll has uncovered that a significant number of Americans would willingly forsake love, betray friends, and even risk their own lives for a million-dollar windfall.

Nvidia CEO Makes First Ever Tesla Announcement - Ad

While Tesla's car sales slump, Nvidia's CEO says Tesla could lead a multi-trillion-dollar AI revolution. He's backing what's being called "Manifested AI" - a 25,000% growth market. And one tiny stock, 168x smaller than Nvidia, could be your way in before the world catches on.

Court rules Mississippi's social media age verification law can go into effect

A Mississippi law that requires social media users to verify their ages can go into effect, a federal court has ruled. A tech industry group has pledged to continue , arguing it infringes on users’ rights to privacy and free expression.

Sony's Chipset Unit Up For Sale To Fuel Entertainment Push

Sony is selling its cellular chipset unit as it focuses on entertainment. The unit, acquired for $212M in 2016, could be worth $300M.

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

OpenAI's Sam Altman warns of AI voice fraud crisis in banking

WASHINGTON (AP) — OpenAI CEO Sam Altman warned the financial industry of a “significant impending fraud crisis” because of the ability of artificial intelligence tools to impersonate a person's voice to bypass security checks and move money.

Western Digital Stock Climbs As Q4 Revenue, EPS Top Estimates Driven By Strong Cloud Momentum

Western Digital shares are rising in extended trading Wednesday after the company reported better-than-expected financial results and issued strong guidance.

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

Trump Tariffs Are Causing Decline In EV Battery Demand, Says Tesla, General Motors Supplier LG

LG Energy Solutions warns that Trump's tariffs and end to EV subsidies will slow down battery demand, shifts focus to Energy Storage.

The Surprising New Date That Could Fuel the AI Boom - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

Microsoft Authenticator is ending password autofill soon. How to set up a passkey before Aug. 1

NEW YORK (AP) — If you're a Microsoft Authenticator user, like me, you’ve probably received at least one notice that the app's password management features are no longer usable and that your stored passwords will be deleted on Aug. 1. Yes, you read right, your passwords will be DELETED this Friday.

Is Your Capital Following a Real Strategy? - Ad

Trade with $100K-$200K funded capital-no manual trading. Our AI system skips charts, eliminates stress, and lands you funding. Thousands passed prop challenges with us. Apply now, book a call, and have $10K ready.

Independent Voters' Approval Rating Of Donald Trump Plummets, Latest Poll Indicates

President Donald Trump's approval rating has seen a notable dip among independent voters, as indicated by a new Gallup survey.

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

Prediction Markets Hit Fever Pitch

As Kalshi and Polymarket achieve Unicorn status, markets are betting on blockchain to make future-gazing investable.

Anthropic Study Shows AI Chatbots Can Transfer Their Bad Habits Through Hidden Signals In Data

AI systems can pick up hidden biases from data, leading to safety concerns. Study shows this can happen even with small models sharing architecture.

Our No.1 AI Stock Has Nothing to Do With Tech - Ad

Nvidia CEO Jensen Huang recently said AI requires "100 times more" power. We believe that means the best way to invest in AI right now has nothing to do with technology ... And everything to do with energy. One stock appears to be perfectly positioned...

Jim Cramer: This Consumer Defensive Stock Is 'Pretty Expensive'

On CNBC's “Mad Money Lightning Round,” Jim Cramer said that although CoreWeave, Inc. (NASDAQ:CRWV) is good, but Nvidia (NASDAQ:

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Vinod Khosla Says This Is GenZ's Best Bet Against Losing '80% Of All Jobs' To AI In 5 Years

Vinod Khosla believes Gen Z should focus on learning how to learn quickly, not a single profession, as AI will outpace those who don't.

Intel CEO Says He's 'Making Hard But Necessary Decisions' As Chipmaker Announces Massive Layoffs, Project Cancellations

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it struggles to compete with AI chip leader Nvidia and regain its edge in the rapidly evolving semiconductor industry.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service