Trump targets smaller trade partners such as Algeria, Libya with tariffs
President Donald Trump on Wednesday sent tariff letters to seven smaller U.S. trading partners, including Algeria, Libya, and Iraq,
GE Vernova Inc. has invested $10.2 million in Xlinks First Ltd., the UK company planning a massive renewable power project in Morocco and a 2,500 miles undersea cable to deliver the energy to Britain. Bloomberg is reporting that the investment helped close the latest funding round for Xlinks First, capping $110 million raised to date, according to Chief Executive Officer James Humfrey. It’s an incremental step for the company as it advances a project it estimates will cost as much as $30.1 billion to construct.
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