Brace Yourself for Jeff Bezos' "Amazon Helios"

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Italy's Meloni will test her mettle as EU-US bridge when she meets Trump in Washington

COLLEEN BARRY
April 17, 2025

MILAN (AP) -- Italian Premier Giorgia Meloni will test her mettle as a bridge between the EU and the United States when she meets with U.S. President Donald Trump in the White House on Thursday, the first European leader to have a face-to-face with Trump since he announced, and then suspended, 20% tariffs on European exports.

Meloni secured the meeting at a critical juncture in the trade war as Italy's leader, but she also has, in a sense, been "knighted" to represent the European Union. She has been in close contact with EU Commission President Ursula von der Leyen ahead of the trip, and "the outreach is ... closely coordinated," a commission spokeswoman said this week.

"We know we are in a difficult moment," Meloni said this week in Rome. "Most certainly, I am well aware of what I represent, and what I am defending."

The European Union is defending what it calls "the most important commercial relationship in the world,'' with annual trade reaching 1.6 trillion euros ($1.8 trillion).

Trade negotiations fall under the European Commission's authority, which is pushing for a zero-for-zero tariff deal with the U.S. However, Trump administration officials in talks with the EU have yet to publicly show signs of relenting on Trump's insistence that a baseline 10% tariff be charged on all foreign imports. He paused for 90 days a retaliatory increase to 20%.

The pause has raised some hopes for negotiations, and Meloni's margins for progress are more in gaining clarity on Trump's goals rather than outright concessions, experts say.

"It is a very delicate mission," said Fabian Zuleeg, chief economist at the European Policy Center think tank in Brussels. "There is the whole trade agenda, and while she's not officially negotiating, we know that Trump likes to have this kind of informal exchange, which in a sense is a negotiation. So it's a lot on her plate."

As the leader of a far-right party, Meloni is ideologically aligned with Trump on issues including curbing migration, promoting traditional values and skepticism toward multilateral institutions. But stark differences have emerged in Meloni's unwavering support for Ukraine.

After being the only European leader to attend the Jan. 20 inauguration, Meloni has responded with studied restraint as abrupt shifts in U.S. policy under Trump have frayed the trans-Atlantic alliance. She has denounced the tariffs as "wrong" and warned that "dividing the West would be disastrous for everyone," after Trump's heated White House exchange with Ukraine's president.

"She has been very cautious,'' said Wolfango Piccoli, an analyst at the London-based Teneo consultancy. "It is what we need when we have a counterpart that is changing every day.''

Italy maintains a 40 billion euro trade surplus with the United States, its largest with any country, fueled by Americans' appetite for Italian sparkling wine, foodstuffs like Parmigiano Reggiano hard cheese and Parma ham, and Italian luxury fashion. These are all sectors critical to the Italian economy, and mostly supported by small- and medium-sized producers who are core center-right voters.

"All in all, I think she will focus on the very strong economic and trade relations that Italy has with the United States, not just in terms of exports, but also services and energy," said Antonio Villafranca, vice president of the ISPI think tank in Milan. "For example, Italy could even consider importing more gas from the U.S."

The meeting comes against the backdrop of growing concerns over global uncertainty generated by the escalating tariff wars. Italy's growth forecast for this year has already been slashed from 1% to 0.5% as a result.

Meloni is also expected to address Trump's demand for NATO partners to increase military spending to 2% of gross domestic product. Italy's spending, at 1.49% of GDP, is among the lowest in Europe.

Experts cautioned, however, against raising expectations over any concrete progress.

"The best strategy has been to be very circumspect: Get there, get the meeting, get the photo opportunity," Piccoli said. "If she is able to come back, and give a sense of how Washington wants to frame future relations on trade, defense and Ukraine policy, that would be a huge win."

____

AP writers Lorne Cook in Brussels and Josh Boak in Washington contributed to this report.

Continue Reading...

Popular

Warren Buffett's profits fall on wildfire losses as thousands line up to listen to him Saturday

OMAHA, Neb. (AP) — Warren Buffett's company reported just over one-third of last year's profit Saturday morning just as thousands of Berkshire Hathaway shareholders streamed into an Omaha arena to listen to the revered investor answer questions.

Hims & Hers Stock Soars 32% Since Tuesday On Strong Q1 Earnings And Robust Outlook

Hims & Hers Health shares have surged 32.4% since Tuesday's session open. The stock is gaining following a standout first-quarter earnings report released late Monday.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Ford says its Q1 profit fell by two-thirds and it expects a $1.5 billion hit from tariffs this year

DEARBORN, Mich. (AP) — Ford Motor Co. says it expects to take a $1.5 billion hit to its operating profit from tariffs this year and is withdrawing its full-year financial guidance due to the uncertainty created by the Trump administration's evolving trade policy.

US and Chinese officials meet in Geneva to discuss tariffs as the world looks for signs of hope

GENEVA (AP) — The U.S. treasury secretary and America’s top trade negotiator will meet with high-ranking Chinese officials this weekend to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and to damage global commerce.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Memorial Day Offer: Discover the Altcoin Trump May Be Backing - For Just $19 - Ad

Trump just launched a national crypto reserve-and it could include a little-known altcoin backed by Google, Visa, and PayPal. One top crypto analyst says it could be the next Bitcoin. This Memorial Day weekend only, get full access for just $19-an 85% discount. Don't miss it.

Bitcoin Reserve Bill Signed Into Law By New Hampshire Governor: Granite State Move Makes It A Pioneer

New Hampshire became the first U.S. state to establish a Strategic Bitcoin (CRYPTO: BTC) Reserve on Tuesday, allowing public funds to be invested in the apex cryptocurrency and other digital assets.

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

Want To Invest Like Warren Buffett? Here's What You're Probably Missing

Warren Buffett's investment strategy continues to yield significant gains, with Berkshire Hathaway stocks trading near record highs despite market volatility.

Neurocrine Biosciences' Ingrezza Q1 Sales Prove Resilient, Analysts Boost Price Target

Neurocrine stock gains as Q1 EPS beats estimates; Ingrezza sales climb 8% YoY with record new patients and strong analyst price target hikes.

$24 Trillion Robotics Opportunity Revealed - Ad

Robots aren't coming to America in 2025-they're already here. Oxford Economics says, "The Robotics Revolution we predicted has arrived." Forbes calls it "a $24 trillion opportunity." One $7 stock is critical to a robot backed by Amazon, Tesla, Microsoft, and Google.

Occidental Petroleum (OXY) Stock Drops As Oil Prices Slide Ahead Of Earnings Report

Occidental Petroleum shares fell 3.37% on Monday. Oil stocks fell after OPEC+ announced a significant output increase.

Fighter jet landing on USS Harry S. Truman aircraft carrier goes overboard, forcing pilots to eject

DUBAI, United Arab Emirates (AP) — An F/A-18 fighter jet landing on the USS Harry S. Truman aircraft carrier in the Red Sea went overboard, forcing its two pilots to eject, a defense official told The Associated Press on Wednesday.

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Trump's trade demands go beyond tariffs to target perceived unfair practices

FRANKFURT, Germany (AP) — The Trump administration says the sweeping tariffs it unveiled April 2, then , have a simple goal: Force other countries to drop their trade barriers to U.S. goods.

Mark Zuckerberg Overtakes Jeff Bezos To Become World's Second-Richest Person As Meta Stock Soars

Mark Zuckerberg has surpassed Jeff Bezos to become the world's second-richest person, with a net worth of $212 billion, following a surge in Meta's stock price.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Scaramucci Calls Sam Bankman-Fried Revelation Worst Day of His Career: 'I Trusted the Guy, I Liked Him'

Anthony Scaramucci, who is known for his short stint as the White House communications director under Donald Trump, has opened up about his professional setbacks, including a significant loss due to a fraudulent act by Sam Bankman-Fried.

Wave of Crypto Kidnappings in France Raises Security Alarms, Possibly Impacting Presidential Race

France is witnessing a rising wave of kidnappings aimed at cryptocurrency entrepreneurs. The situation is not only damaging the country's reputation but is also becoming a political issue

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

This Week In Cannabis: Earnings Divide The Market As DEA, Brands And Bills Move Forward

This week: Q1 earnings reveal a widening market divide, DEA nominee prioritizes rescheduling, and Rove and Swade make big expansion plays.

China launches a blitz of policies to help its economy, plans talks with the US on trade

BEIJING (AP) — China has announced a barrage of measures meant to counter the blow to its economy from U.S. President ’s trade war, as the two sides prepare for

How High Will Bitcoin Go In 2025? - Ad

A new coin is emerging in the crypto bull market. Investing now could be like buying Bitcoin in 2013. Before it took off. Or scooping up Ethereum in 2017 ... before it soared.

3 Key Drivers Behind Ethereum's 65% Rally: Bernstein

Ethereum (CRYPTO: ETH) has surged 65% over the past month, sharply outperforming other digital assets after a prolonged stretch of underperformance relative to Bitcoin.

Jeff Bezos Built A $1.97 Trillion Empire By Putting Truth Before Comfort—Here's Why He Thinks That's What Separates Great Companies From The Rest

Bezos emphasizes the importance of truth-telling in creating a high-performing company culture. He advocates for honest conversations and challenging assumptions. This approach has led to Amazon's immense success and Bezos' net worth of $209 billion.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

Asian shares get a lift from plans for China-US trade talks, Beijing stimulus moves

Shares advanced Wednesday in Asia after the U.S. and China said they are planning in Switzerland later this week.

Family of Boeing whistleblower settles lawsuit with aircraft maker over his death

CHARLESTON, S.C. (AP) — The family of a former who killed himself after lawyers questioned him about his whistleblowing on alleged jumbo jet defects has settled a lawsuit against the aircraft maker.

MEMORIAL DAY SALE - $19 - Ad

What if you could pay for groceries, gas, or dinner... without using your cash or card? I've done it. I show you how - on camera. And give you the chance to learn it from me for just $19. No fluff. Just results.

The EU seeks to halt Russian gas imports by the end of 2027 and ban new contracts already this year

BRUSSELS (AP) — The European Union should halt imports of Russian natural gas by the end of 2027 to deprive President Vladimir Putin of revenue that helps fuel his , the bloc’s executive branch said Tuesday.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

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