Caroline Hyde

So it's kind of just noncommittal gobbledygook if you really read it carefully.

Yeah, saying, is this the beginning of a new rhythm?

That's not our plan.

But just as we always have, every team will continue to evaluate the ownership, speed, and capacity to invent for customers.

Bloomberg, Spencer Soper, thanks for breaking it down for us.

Now, the Trump administration is demanding that South Korea implement its six-month-old trade deal with the U.S.

to prevent tariffs from rising to 25%.

Trade tensions between the two countries have been rising, made worse by the U.S.

's frustration with Korean digital services regulations.

Nomex Senior Tech Editor Mike Shepard joins us now to unpack what is a tech-centric story in many ways because it involves key chip makers over in Korea, for example.

Well, it really does.

And we saw actually the flashes of this brewing as long as 10 days ago, Carol.

And we saw Howard Lutnick threatening those memory makers with tariffs of up to 100 percent if they didn't step up their investments here in the U.S.

And that is one of the issues that we have seen.

surge more recently with the president's threat of increasing tariffs to 25% from the current, agreed upon 15% level.

And a lot of that has to do with what is happening with those investments.

Remember, under the deal, South Korea had promised to invest as much as $350 billion in the U.S.

over the next several years.

But that step has been stalled in the South Korean parliament.

They are just beset by a lot of issues, including currency woes.