The Future of Tech
News & Insights
BRICS Tariffs Target & Musk’s America Party Launch
Alpha
July 08, 2025
IN PARTNERSHIP WITH
WHAT’S INSIDE
Tech News: Tariffs, America Party, EU AI Act, UN AI Regulation, Prime Day, VC
Company Watch: CoreWeave, Cursor, Trump Media, US DeepSeek Project
Feature: BRICS Tariffs Target & Musk’s America Party Launch
Buzzy Tools: Latest Buzzy tech, AI and financial tools
Deep Tech: The latest in deep tech, biotech, futurism and more
Space Tech: Latest news in the space race and aerospace tech
Crypto: Blockchain and crypto policy and startups or protocols to watch
TECH IN THE NEWS
Trump Tariff Shock — President Trump imposes 25% tariffs on imports from Japan and Korea starting Aug 1, escalating trade tensions and rattling global markets.
America Party — Elon Musk launches the America Party, deepening his feud with Trump; Tesla stock drops 7% as investors fear political backlash.
EU Full Steam Ahead — The EU dismisses AI Act delay requests from tech firms, rolling out as planned. The legislation imposes risk-based rules, mandates AI company system registration for EU market access.
BRICS Calls for AI Leadership — BRICS nations urge the UN to spearhead global AI regulations to ensure equitable and responsible technology governance.
Amazon Prime Day Expands — Amazon launches its longest-ever Prime Day, running July 8–11, with forecasts of $23.8B in US online sales and major deals.
AI Startups Dominate VC — AI startups secured 53% of global venture capital in H1 2025, with 64% in the U.S. as major players focus heavily on AI investments.
IN PARTNERSHIP WITH GUIDDE
🎥 Create how-to video guides fast and easy with AI
Tired of explaining the same thing over and over again to your colleagues?
It’s time to delegate that work to AI. Guidde is a GPT-powered tool that helps you explain the most complex tasks in seconds with AI-generated documentation.
1️⃣ Share or embed your guide anywhere
2️⃣ Turn boring documentation into stunning visual guides
3️⃣ Save valuable time by creating video documentation 11x faster
Simply click capture on the browser extension and the app will automatically generate step-by-step video guides complete with visuals, voiceover and call to action.
The best part? The extension is 100% free.
BRICS Tariffs Target & Musk’s America Party Launch
Trump’s trade war targets BRICS and Musk’s political moonshot
A pair of high-impact announcements landed Monday with unsettling precision across financial markets. First, the White House confirmed sweeping new tariffs on key U.S. trading partners, escalating tensions that had been on pause since April. Hours later, Elon Musk unveiled the “America Party,” a new political vehicle with bold talk of crypto adoption and decentralization. Together, the moves triggered one of the worst trading sessions of the summer in an increasingly unstable cycle.
Tariff's... again
President Trump just authorized a new round of tariffs targeting imports from Japan, South Korea, South Africa, Malaysia, and several others. Effective August 1, the measures reintroduce a 25% levy on goods including automobiles, semiconductors, and industrial components—categories deeply embedded in U.S. supply chains.
The blunt message remains foreign trade relationships that “fail to deliver reciprocity” will face pressure until terms improve. Admin officials suggested more announcements are on deck as negotiations continue with European and BRICS-aligned economies ahead of the midterms. The BRICS group (currently meeting in Brazil) hit out at US levies on Sunday. In response, Trump said any country aligning with those “anti-American policies” will face additional taxes. It's interesting timing as BRICS nations also just urged the UN to spearhead global AI regulations to ensure equitable and responsible technology governance in another swipe at the US' AI dominance and hands-off regulatory approach.
It's also worth noting that Trump is reportedly unhappy that many Asian countries such as Vietnam and Malaysia are acting as intermediaries for goods from China to circumvent tariffs and continue making their way stateside. This is likely the motivation for the approach, as well as the recent trade deal signed with Vietnam.
Markets React
The reaction was swift. The S&P 500 dropped 0.79%, while the Nasdaq fell 0.92%. The Dow shed over 420 points, with sectors most exposed to global supply chains hit hardest. Automakers, industrials, and consumer electronics absorbed the early brunt. In Asia, the Nikkei 225 and KOSPI each slipped modestly, signaling broader investor anxiety without outright panic.
The market has grown accustomed to tariffs policy noise, but investors noted that this round felt different. US shelf prices in tariff-hit categories have barely moved so far because many importers have fronted the cost of levies. That’s one reason why inflation has stayed remarkably calm and the S&P 500 has continued to record highs. However, that all assumes tariffs will be temporary. If BRICS and the EU stand fast, these companies could get squeezed hard and need to adjust strategy fast.
Good Morning America Party
The adjustment arrived early for Tesla, which saw its stock fall 7%, wiping nearly $70 billion in market cap and making short sellers a lot richer. The trigger wasn’t tariffs, but Musk's formal launch of the America Party, a new political faction aimed at shaking up the U.S. electoral system. Its early platform pillars include full-scale crypto adoption, anti-censorship policies, and a government transparency initiative using blockchain. It’s a decentralized techno-libertarian package, laced with populist energy and disruptive intent.
The market, however, was not impressed Musk is doubling down on his Trump feud and devoting significant attention — and capital— to another political project. Musk’s new venture could complicate Tesla’s regulatory relationships and bottom line. This is especially so, given Trump's well known vindictive streak and the administration’s thin patience for tech giants with outsized political influence. The America Party will be interpreted as a direct challenge to Trump, which makes Tesla vulnerable to retaliatory pressure—whether in subsidies, approvals, or defense contracts.
A Crypto-Focused Party
Musk’s inclusion of crypto in his political blueprint gave Bitcoin and Ethereum a brief boost Monday morning, though both retreated by the end of the session. The America Party appears to be leaning on crypto not only as a policy issue but as a campaign infrastructure, with early documentation hinting at on-chain fundraising, voting, and loyalty mechanisms.
Whether this will appeal to a disaffected electorate or alienate mainstream voters is unclear. But it certainly will appeal to the crypto crowd. The reality is Musk’s approach to crypto will differ vastly from Trump’s which appears more about making money from altcoins and rolling out institutional crypto, which will be largely decentralized. Musk’s initial plan sounds a lot more like a truly decentralized and web 3 native approach to using blockchain to transform government.
The question is whether Musk’s reputation is already far too damaged with both the left and right as a result of his embrace of/feud with Trump to have any genuine appeal outside a crypto and X fanboy base. In the short term, institutional investors are uneasy about its impacts on Tesla which will put pressure on Musk.
“It's ridiculous to start a third party. We have a tremendous success with the Republican Party. The Democrats have lost their way, but it's always been a two-party system… starting a third party just adds to confusion.”
— President Donald Trump
COMPANIES TO WATCH
CoreWeave — Acquires BTC Miner Core Scientific for $9B in stock, securing 1.3 GW of data center power to expand its AI infrastructure footprint. Guides $4.9–$5.1B in 2025 revenue, with ARR up 700% YoY.
Cursor — The vibe coding platform faced backlash after altering its Pro plan to a token-based model amid rising competition from Claude Code. Now at $200M ARR and 40M+ users with strong growth.
Trump Media & Technology Group — Launched Truth+, a global TV streaming platform featuring Newsmax, enabling the conservative channel's international expansion.
US DeepSeek Project — Aims to develop a US-owned fully open-source AI model to counter Chinese models focused on transparency and collaboration. Seeks $100M-500M to achieve this within two years.
Cluely — The ”cheat on anything” AI startup, has seen its ARR double to $7M after launching a new free enterprise product gaining traction from both consumers and businesses.
Samsung Unpacked Teases Foldables — Samsung’s Galaxy Unpacked event tomorrow in NYC will unveil the Z Fold 7, Z Flip 7, and Watch 8, focusing on AI-powered features and new foldable tech.
TECH BUZZ DIRECTORY
Featured Products*
SEO Bot — A fully autonomous "SEO Robot" with AI agents for busy founders.
Memelord — Meme Software for marketing memes, tech memes, & sales memes.
Otonomos — Incorporate your Delaware C-corp or tax advantaged foundation and get 5% OFF.
BUZZY TOOLS
Buzzy Tech Tools To Watch & Use
xAI Grok 4 — Leaked benchmarks score SOTA on STEM & coding exams.
TikTok — New app version being prepped pre-US sale, launching Sep 5.
Bitchat — Jack Dorsey's new Bluetooth app for mesh messaging without Wi-Fi.
Genspark — Launches AI Docs, its first agentic document creator with rich text.
Docker — MCP Catalog and Toolkit simplify AI service deployment locally.
BUZZY TECH
The Latest Deep Technology & Trends To Watch
iOS 26 Beta 3 — Apple Reduces Liquid Glass transparency for better readability.
AI STAR Method — AI finds hidden sperm aiding male infertility treatment.
NEO BCI — China's brain-computer interface aids paralyzed via implants.
Aigen Solar Robots — AI farm robots replace chemical weed killers.
xAI Pollution Permit — Methane generators in Memphis approved.
Wimbledon's AI Line Judges — Players criticize AI for incorrect tennis line calls.
CRYPTO WATCH
Crypto Week — House GOP sets July 14 as "Crypto Week" to vote on three key bills: GENIUS (stablecoins), CLARITY (market structure), and Anti-CBDC Act.
Bitcoin — Rebounds above $109,000 after a weekend dip, boosted by Trump's tariff timeline; Ether rose 2.41% and XRP gained 2.29% as markets watch for CPI data.
America Party — Elon Musk’s new political party to integrate Bitcoin into its economic platform, declaring fiat currency "hopeless" while focusing on cryptocurrency and gun rights ahead of 2026 midterms.
CoreWeave — Acquiring BTC miner Core Scientific for $9B to expand AI infrastructure, leveraging Core's energy contracts and data centers with deal completion expected in Q4 2025.
Ripple — Applied for a national banking license to integrate with mainstream finance, complementing its RLUSD stablecoin as part of a broader trend among cryptocurrency companies.
SPACE_RACE
NASA Mars_Carbonate-rich rocks suggest brief water period on Mars.
Double Supernova_First visual evidence emerges of a star exploding twice.
Comet 3I/ATLAS_Rare, 3rd ever interstellar object seen at 68 km/s passing Jupiter.
FOR INVESTORS
Open Deals
Investors– request an intro to startups - invest@techbuzz.ai.
Before we restart our placements of raising startups, we’re sharing an open call to send in your own company. Just shoot us an email with a deck and we may feature you in this bulletin.
For detailed pitch materials, please email invest@techbuzz.ai with your deck.
🔥 — hot deal!
⏰ — leaving soon.
DISCLAIMER: This newsletter contains a paid advertisement for Lia27’s Regulation CF Offering. Please read the offering circular at https://invest.lia27.ai/
The Tech Buzz
| Get the daily newsletter that helps you understand the tech ecosystem sent to your inbox weekly.
By submitting your email, you agree to our Terms and Privacy Notice.
More Newsletter Posts
