January 30, 2025: US Probing DeepSeek, Trump's Warning to BRICS, More

Published Jan 31, 2025, 4:35 AM

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News when you wanted with Bloomberg News. Now I'm Doug Krisner. US officials are investigating whether Chinese AI startup Deep Seek circumvented US restrictions on advanced chips from Nvidia. Now the Biden administration cut off China's access to a range of Nvidia's most powerful chips, and now we're being told officials are looking at whether they were acquired through third parties in Singapore. Here's Bloomberg Senior Executive editor for Technology, Tom Giles.

This is a technology that deep Seek says is cheaper, it was less expensive to develop, and now rivals like Microsoft and open Ai, as well as US officials including the FBI and the White House, the Treasury Department are looking into where did they get this technology?

That is Bloomberg's Tom Giles. It was earlier this week President Trump's pick to lead the Commerce Department, Howard Lutnick, suggested Deep Seek evaded US export controls. Tonight, President Trump issued a warning to bricks nations in a post on truth Social Trump wrote, the US requires a commitment from these bricks countries that they will not replace the dollar, or they will face one hundred percent tariffs earlier, the President vowed to follow through on his threat to impose twenty five percent tariffs on imports from Canada and Mexico as of this Saturday. Here is Trump for US.

To be subsidizing Canada to the tune of one hundred and seventy five billion dollars a year and subsidizing Mexico to the tune of two hundred and fifty billion three hundred billion dollars a year. And Mexico is a method of China sending in its product. And with China, I'm also thinking about something because they're sending fentanyl into our country and because of that, they're causing US hundreds of thousands of deaths. So China is going to end up paying a tariff also for that.

Now.

President Trump went on to say the tariff levels may or may not rise with time. Both Canada and Mexico have pledged to respond to any trade levees, including with potential retaliatory tariffs. We go to South Korea next, where Samsung's chip division posted a smaller than expected profit for the latest quarter, and we got reaction from Bloomberg, Sam Kim and Soul.

That kind of shows you that the hit to Samsung's earnings is started to manifest after it lost its lead to ske Heinix on the memory ship business. On the HBM business HbA, I mean, it's basically a high broadband, high bandwidth memory that is slot supplied to companies like Nvidia, which is a very important growth engine for both Samsung and s k Henigs.

That is Bloomberg Sam Kim Meantime, sources tell Bloomberg that Samsung has been given approval to supply its high bandwidth memory chips to Nvidia. After the bell, Apple posted sales that were slightly better than analysts had estimated. Revenue for the latest quarter topped analyst forecast. However, iPhone revenue was disappointing, and revenue from Greater China unexpectedly fell eleven percent. We got reaction from Bloomberg's Caroline Hyde.

Ultimately we've seen it's a big miss. They're growing in every region outside of China, and even the America's Japan was pretty good, but really China has been that real weak point, and we have to perhaps see that the company is just going to try and retrain us to think about them as a services company, as an Apple intelligence company and look with iPhones missing as well, mean we have to start to think is this really always going to be the Jugglenault we thought it was.

That is Bloomberg's Caroline Hide speaking there now. The company's AI platform, known as Apple Intelligence, did not bolster sales of the iPhone, But on the positive side, Apple's guidance on revenue for the current quarter was upbeat, and right now shares are hire by three percent in late US trading. The cockpit voice recorder and the flight data recorder have been recovered from that American Airlines jet involved in a deadly collision late yesterday with a military helicopter near Reagan National Airport. NTSB investigators are still on the ground. Board member Tom Inman spoke earlier to reporters.

Our investigative team will be unseen as long as it takes in order to obtain all the perishable evidence and all the fact finding that is needed to bring us to a conclusion of probable cause. Our mission is to understand not just what happened, but why it happened, and to recommend changes to prevent it from happening again.

That's NTSB's Tom Inman speaking there now. The collision occurred when an Army black Hawk helicopter struck a Regional jet aircraft during its approach to Reagan National late yesterday. The flight was carrying sixty passengers and four crew members. The helicopter had three servicemen on board, and there were no survivors. At a morning White House briefing, President Trump blamed DEI programs for the deadly air collision. He claimed those initiatives led the FAA to lower its hiring standards in order to meet diversity quotas. And that is news when you want it to. With Bloomberg News now, I'm Doug Prisner, and this is bloomberg S