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US commerce secretary says the tariffs on Canada are just getting started

✇Latest News
By: Brent D. Griffiths
Howard Lutnick stands alongside Donald Trump during a White House event
Commerce Secretary Howard Lutnick said President Donald Trump's current tariffs should not be confused with broader efforts to reset global trade.

Andrew Harnik/Getty Images

  • Commerce Secretary Howard Lutnick said Donald Trump is not done with tariffs.
  • Trump's top trade official said additional tariffs are coming on April 2.
  • Wall Street sank on Monday after Trump imposed new tariffs on Canada, Mexico, and China.

Commerce Secretary Howard Lutnick on Tuesday said President Donald Trump's tariffs are just beginning.

"If you want to talk about trade policy, that starts April 2," Lutnick said on CNBC. "These countries have used and abused us, and that is going to change."

Trump has said that the next round of tariffs will include external agricultural products.

Trump's first round of 25% tariffs on Mexican and Canadian goods, and an additional 10% on Chinese imports roiled markets Monday afternoon.

Canada, Mexico, and China have all announced plans to impose retaliatory tariffs. China took action immediately, imposing tariffs of up to 15% on US farm products and other goods.

Lutnick said that the current tariffs are about Trump's continuing frustration with US opioid-related deaths. Last year, federal data showed a 12% decrease in overall-related overdose deaths. Researchers told The New York Times this was largely attributed to a drop in synthetic opioid-related deaths, which has been driven by fentanyl. Lutnick said too many Americans are still dying.

"Let's differentiate between today's tariffs, which are about saving American lives," Lutnick said. "China makes the opioid products, and then Mexico and Canada feed them into American and that's gotta end. They have done a nice job on the border, but they haven't stopped the flow of fentanyl."

Mexican, Canadian, and Chinese officials have disputed that they are not doing enough to stop the flow of fentanyl, one of the Trump administration's stated reasons for the tariffs. According to US Customs and Border Protection, most of the fentanyl coming into the US originates in Mexico. Since last September, less than 1% was seized along the US-Canadian border. China is the leading source of the chemical products used to create the deadly opioid.

The US has long chafed at Canadian restrictions on US agricultural products, especially dairy. Trump previously ordered a sweeping review of US trade deficits and other policies that most agencies must complete by April 1. He has said that he intends to then impose additional tariffs based on that review, though he will delay the action a day so as to not coincide with April Fool's Day.

The fentanyl-related tariffs are linked to a separate emergency Trump formally declared last month.

The USMCA left Canada's protectionist agriculture policies in place, which still allows it to impose high tariffs on US dairy, eggs, and poultry products to protect Canadian farmers despite broadly lowering borders to trade across North America.

Read the original article on Business Insider

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Nvidia earnings: What investors should know about recent revenue, profits

✇Latest News
By: Matthew Fox
A logo of Nvidia on a keyboard

Jaque Silva/NurPhoto via Getty Images

  • Nvidia releases earnings quarterly.
  • On calls with investors, CEO Jensen Huang answers questions about the underlying trends impacting AI.
  • The company's latest earnings call was dominated by its next-gen Blackwell GPU and profit margins.

Nvidia, the company behind the GPUs that enable AI chatbots like ChatGPT and Grok, releases its earnings quarterly.

Typically, Nvidia CFO Colette Kress walks investors through the quarterly results.

Then, co-founder and CEO Jensen Huang answers questions on the calls, offering insights into the underlying trends of artificial intelligence, data centers, and gaming.

The calls usually cover topics like Nvidia's stock price moves the revenue of Nvidia's GPU chips, which are transitioning to the next-generation Blackwell architecture.

Here's a breakdown of Nvidia's recent earnings.

Nvidia's Q4 earnings 2025

During Nvidia's Q4 earnings call, the chipmaker reported a surge in business, reporting year-over-year revenue growth of 78% at $39.33 billion for the quarter, beating estimates of $38.25 billion.

While Nvidia beat analyst's revenue and profit forecasts and raised its forward-looking guidance, that wasn't enough to meet Wall Street's sky-high expectations.

The potential impact of DeepSeek—a lower-cost AI model from a Chinese startup—on Nvidia's future chip demand was top of mind for investors. Nvidia said DeepSeek was driving an increase in demand for its inferencing solutions.

One concern for investors was the company's profit margins, which were slightly weaker than expected due to its ramp in production of its Blackwell GPUs. Nvidia said it did not expect its profit margins to recover until the second half of the year.

There are also concerns that Nvidia's growth is slowing and top cloud customers could be nearing a peak in their capital expenditures for AI chips. Nvidia's stock price sold off following the earnings results.

Fiscal Q4 ended on January 30, and Nvidia's earnings call took place on February 26.

Nvidia's Q3 earnings 2025

The chipmaker delivered another strong quarter, according to Nvidia's Q3 earnings call, where the company declared "the age of AI is in full steam" as sales of its popular semiconductor chips rose.

The company reported third-quarter revenue of $35.08 billion — a 94% year-over-year increase — beating the consensus analyst estimate of $33.25 billion.

Investors focused on commentary about the company's rollout of its Blackwell chips, which were expected to meaningfully pick-up in the fourth quarter, as well as the potential impact of Trump's planned tariffs.

"Whatever the new administration decides, we will, of course, support the administration" and "fully" comply with any new regulations, Huang said.

Shares of Nvidia sold-off slightly following the results.

Fiscal Q3 ended on October 31, 2024, and Nvidia held its earnings call on November 20.

Nvidia's Q2 earnings 2025

As reported during Nvidia's Q2 earnings call, the chipmaker notched $30.04 billion in revenue for the past quarter, outpacing consensus estimates of $28.86 billion. However, it was a slimmer revenue beat than recent quarters.

Shares of Nvidia declined slightly after the earnings release, but eventually recovered its losses.

Analysts were disappointed that Nvidia's guidance on its upcoming Blackwell chips failed to meet the most lofty expectations on Wall Street.

But Huang assured investors that demand for its Blackwell GPUs was "incredible."

Fiscal Q2 ended on July 31, 2024, and Nvidia's earnings call was on August 28.

Nvidia earnings history

In fiscal Q1 of 2025, Nvidia announced a massive earnings beat, an increase to its dividend, and a 10-for-1 stock split.

The company reported a 262% surge in year-over-year revenues at $26.04 billion, driven by the continued success of its AI-enabled GPU chips, mainly the H100.

The company also reported adjusted earnings per share of $6.12, beating analyst estimates of $5.59.

"We are poised for our next wave of growth. The Blackwell platform is in full production and forms the foundation for trillion-parameter-scale generative AI," Nvidia CEO Jensen Huang said at the time.

Nvidia currently plays a quarterly dividend of $0.01 per share.

Read the original article on Business Insider

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We spent $220 on an unlimited brunch at Disney's steakhouse at sea. From delicious food to gorgeous views, it was a great value.

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By: Terri Peters
A composite image of three Champagne glasses filled with Bellinis and chicken Parmesan on a white plate.
My friends and I had brunch at Palo Steakhouse aboard the Disney Treasure.

Terri Peters

  • We had brunch at Palo Steakhouse, a "Beauty and the Beast"-themed restaurant on the Disney Treasure.
  • The brunch costs an additional $50 per person and includes access to unlimited menu items.
  • I thoroughly enjoyed every part of my meal, from the delicious appetizers to the decadent waffles.

As someone who's sailed on almost every Disney Cruise Line (DCL) ship, I always make it a point to have a meal at Palo, the adults-only Italian restaurant on the Disney Wonder, Dream, Fantasy, and Magic.

However, I was excited to learn that on DCL's new Triton class of ships — the Wish and Treasure — the restaurant is called Palo Steakhouse.

So, when I recently sailed on DCL's newest ship, the Disney Treasure, my friends and I made a brunch reservation to check out the new steakhouse at sea. Here's what it was like.

Palo Steakhouse has a chic "Beauty and the Beast" theme.
The interior of a restaurant on a cruise ship, with floor-to-ceiling windows, a bar with tall, red velvet seats, and a ceiling with a golden rose design.
Palo is in an adults-only area of the ship.

Terri Peters

Located on deck 12 of the Disney Treasure, Palo is nestled in an adults-only area themed around "Beauty and the Beast."

Throughout the restaurant, there's themed artwork and decor, making it feel very elegant and whimsical. The best part? Since it's adults-only, the entire area is blissfully quiet.

After checking in for our noon brunch reservation, we were shown to our table, which had an amazing ocean view.

The brunch, which costs $50 per person, includes lots of dishes to choose from.
A brunch menu from Palo Steak House.
We were able to choose as many dishes as we wanted.

Terri Peters

Brunch at Palo Steakhouse costs $50 per person and includes antipasti, egg dishes, waffles and pancakes, soups, pizza, and entrées.

Each guest can also choose one alcoholic drink, like a mimosa or Bloody Mary, as part of their brunch, with additional drinks available for a charge.

There's no set amount of things you can order during brunch at Palo. In fact, our server encouraged us to try items in every category, and we happily obliged, ordering almost everything except pizza.

We started our meal with a round of non-alcoholic Bellinis.
Four people clink Champagne glasses, filled with Bellinis, together.
The Bellinis had a nice peachy flavor.

Terri Peters

No one in my party drinks alcohol, so we ordered a round of non-alcoholic cocktails as our complimentary drink.

The Bellinis were pre-made and bottled and full of peachy flavor. Delicious and satisfying, we didn't miss the alcohol a bit.

We ordered a bottle of sparkling water from Palo's extensive menu.
A hand pouring a bottle of sparkling water into a small glass.
We ordered a $16 bottle of sparkling water.

Terri Peters

Something that always catches my eye at Palo is the extensive menu of still and sparkling waters, available at an extra charge.

We chose a $16 bottle of sparkling water, the most pricey option on the menu, and split it four ways.

With a hint of minerality and tiny, effervescent bubbles of carbonation, the water was refreshing and a nice way to hydrate during our meal.

The bread service alone is worth visiting Palo for.
A metal bowl filled with various types of bread.
The bread was one of my favorite parts of our meal.

Terri Peters

Our complimentary bread service came with a mix of seasoned flatbreads, crispy crackers, garlicky naan, and more. Some highlights were a focaccia-style bread with onion and blue cheese baked in, and warm, fresh baguettes.

For dipping, our server brought out olive oil and balsamic vinegar and poured them into two separate sections of a dish so they didn't combine.

We each had a choice of two antipasti options: charcuterie or seafood.
A white plate with assorted meats, cheeses, and olives.
I chose the charcuterie-style antipasti.

Terri Peters

Each person in our group got to choose between two antipasti options: meat and seafood.

Three of us ordered the meat antipasti, a charcuterie board-style appetizer with prosciutto, bresaola, coppa, salami, olives, roasted garlic, Parmigiano-Reggiano, and peppers.

This dish was one of my favorite parts of brunch at Palo. The cured meats tasted fresh and delicious and paired well with salty accouterments like olives and cheese.

One person in our group tried the seafood antipasti: a combination of marinated jumbo shrimp, crab claw, ahi tuna, mussels, and cured salmon. Although I'm not a huge seafood eater, she seemed to enjoy it.

My friend let me try some of her tomato and basil soup.
A large white bowl of tomato soup topped with a basil leaf.
The tomato and basil soup was delicious.

Terri Peters

Although I didn't order a bowl for myself, my friend let me taste her tomato and basil soup.

Had I not been trying to save room for my entrée, I would've gone back for additional bites. The soup was tangy, creamy, and felt like a fancy take on a comforting classic.

I ordered the chicken Parmesan as my entrée.
A white plate with chicken Parmesan.
The chicken Parmesan came with a layer of creamy risotto.

Terri Peters

I've had the chicken Parmesan at Palo before, so I knew what to expect from this classic favorite.

The breaded chicken dish was topped with San Marzano tomato sauce and thick, cheesy mozzarella. However, the real star was the risotto underneath.

I loved the buttery, creamy Arborio risotto, which was a lighter twist on the piles of pasta you usually get with chicken Parmesan.

One of my friends ordered the eggplant Parmesan.
Eggplant Parmesan stuffed with ricotta cheese and topped with browned cheese and basil.
The eggplant Parmesan looked delicious.

Terri Peters

One member of my group tried the eggplant Parmesan and loved it. The dish — a lightly-breaded slice of eggplant rolled up with prosciutto, ricotta, mozzarella, and sauce — looked decadent.

Since we were at a steakhouse, another friend opted for the sirloin.
Two pieces of steak topped with butter and served with green beans.
The sirloin was served with green beans and potatoes.

Terri Peters

Another friend chose the grilled sirloin steak, which came cooked to the perfect medium-rare temperature.

She was pleased with the dish, which was topped with thyme-herb butter and served with a side of green beans and roasted potatoes.

The final member of our group ordered Palo's roasted red snapper filet.
A fish filet served with asparagus, fried vegetables, and an orange rectangular potato.
My friend was underwhelmed with the sides that accompanied the red snapper.

Terri Peters

The final entrée ordered was Palo's roasted red snapper filet. Although my friend said she enjoyed the fish, the sides served alongside it weren't her favorite.

The meal came with with asparagus, an eggplant caponata, and a strange orange square, which we weren't able to identify by taste.

After asking our server what the bar-of-soap-looking side dish was, she explained that it was a saffron fondant-covered potato.

We enjoyed breakfast for dessert.
A Mickey-shaped waffle topped with syrup and apples.
I had an apple-cinnamon Mickey waffle for dessert.

Terri Peters

At our server's suggestion, we saved our waffles and pancakes course for last. She was absolutely right, as having something sweet to close out the meal felt decadent, even though there weren't any desserts on the brunch menu.

I ordered apple-cinnamon waffles, while two others ordered the strawberry version. Of course, the waffles were Mickey-shaped, which I really do believe makes them taste even more delicious.

Another person in my party ordered the blueberry pancakes and said they were really good topped with syrup and powdered sugar.

Our meal at Palo Steakhouse was amazing and well worth the price.
Terri poses in front of the Palo Steakhouse sign.
I thought our brunch at Palo was a great value.

Terri Peters

Overall, our $220 meal at Palo Steakhouse was well worth it. We got a great adults-only meal in arguably one of the quietest and most beautiful parts of the ship, and also made a special memory together that we'll never forget.

Read the original article on Business Insider
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Deals: OnePlus Open $500 off, Galaxy Z Flip 6 $200 off + 2x storage upgrade, 43-inch M7 Smart Monitor, more

✇Latest Google News
By: Justin Kahn

We are now moving on to day 2 of the massive Discover Samsung sale with ongoing offers on the new S25 devices as well as one-day deals on Samsung Galaxy Z Flip 6 at up to $820 off – $700 trade-in credit or $200 off with double the storage for FREE – as well as Samsung’s 43-inch M7 4K Smart Monitor at $200 off. Next up, we move over to OnePlus Open with a straight up $500 price drop to deliver one of the best deals of all-time, and TCL’s 85-inch 144Hz VRR QM7 mini-LED Google Smart TV at $1,200 off the 2024 launch price. All of that and more awaits below in today’s 9to5Toys Lunch Break.

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Deals: M4 Mac mini best price of the year from $529, iPhone 15 Pro $480 off, M4 MacBook Pro, more

✇Latest Mac & Apple News
By: Justin Kahn

The new M3 MacBook Air has landed, alongside the upgraded iPad (A16), but we are still tracking Apple Intelligence-compatible iPad mini A17 Pro configs on sale from $399 (just $50 more than the new iPad). Those offers join the best price of the year on the most affordable M4 Mac mini (plus other models at up to $100 off), Amazon Renewed Premium iPhone 15 Pro units at $480 off, and the return of $200 price drops on the base model M4 MacBook Pro from $1,399. Ongoing deals on Beats Solo 4, Find My wallet trackers, and Apple Studio Displays are also up for grabs in today’s 9to5Toys Lunch Break.

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