Trump's Global Impact: Sanctions Relief for Russia, Gaza Plan, and US Chip Expansion

Following a tense exchange with Ukrainian President Zelensky, Donald Trump's influence on global affairs is evident. He employs threats to instill fear and shape negotiations. Simultaneously, the US is considering easing sanctions on Russia, potentially including oligarchs, to foster improved relations and address the conflict in Ukraine. This move could undermine European sanctions. Egypt has proposed a plan for Gaza's future, countering Trump's vision. It suggests an interim governance mission led by Arab, Muslim, and Western states, sidelining Hamas. The plan addresses humanitarian aid and reconstruction but lacks details on funding and Hamas's role. Domestically, TSMC will expand chip production in the US with a $100 billion investment, driven partly by Trump's tariff threats. This aims to secure semiconductor supply amid concerns about China and Taiwan. TSMC will also build a European factory in Dresden. The US government previously granted TSMC over $6 billion in subsidies for US expansion.