Argentina's Patagonia region is attracting major data center investments, including OpenAI's $25 billion commitment, due to cold climate and lower cooling costs. Meanwhile, China's semiconductor exports surged 130% year-over-year despite lower export volumes, benefiting from global chip supply constraints. Tariffs between the U.S. and Canada have escalated, creating trade tensions.
The U.S.-Canada trade war is disrupting the tightly integrated North American auto supply chain. President Trump has threatened 50% tariffs on Canadian vehicles and parts effective January 1, while Canada has enacted retaliatory tariffs on U.S. steel and aluminum. Auto-parts suppliers face significant uncertainty and financial pressure as they decide whether to absorb costs or restructure supply chains.