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- Trump warns of “disturbance” over tariffs, as Lutnick says Mexico, Canada deal possible as soon as Wed.
Trump warns of “disturbance” over tariffs, as Lutnick says Mexico, Canada deal possible as soon as Wed.
Bay Area Times
March 05, 2025
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Top stories today:
- Lutnick says Mexico, Canada tariff deal possible as soon as Wed.
- Apple updates iPad Air with M3 chip, starting at $599
- China sets economic growth goal of ~5% for 2025, despite U.S. tariffs
- OpenAI launches $50M grant program to help fund academic research
- Aescape brings AI-powered massage robots to 60 Equinox gyms
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
ERRATA: Yesterday, we incorrectly wrote that GPT-4.5 topped all categories on LMArena.ai, when in fact Grok 3 and GPT-4.5 shared 1st place in most categories.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. Trump warns of “disturbance” over tariffs, as Lutnick says Mexico, Canada deal possible as soon as Wed.
“Both the Mexicans and the Canadians were on the phone with me all day today trying to show that they’ll do better,” Commerce Secretary Howard Lutnick said.
Eliminate the $52B CHIPS Act, Trump urged lawmakers.
Apr. 2: when new reciprocal tariffs will kick in.
A “gigantic natural gas pipeline in Alaska” announced by Trump.
U.S. will take control of Greenland “one way or the other,” Trump said.
Ukraine is willing to negotiate, and Russia “ready for peace”, he said.
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3. Apple updates iPad Air with M3 chip, starting at $599
2X faster than the M1 iPad Air.
11” and 13” display options.
Apple Intelligence supported.
New Magic Keyboard with function keys and a larger trackpad.
Mar. 12: availability for both the new iPad Air and Magic Keyboard.
