DeepSeek, Trump and Hegseth’s Pentagon and USAID

Chinese startup DeepSeek’s launch of its latest AI models threatens to upset the tech apple cart - and the stock market. Newly confirmed Defense Secretary Pete Hegseth arrives at the Pentagon with DEI initiatives in his crosshairs. And the Trump administration has benched around 60 senior career officials at the U.S. Agency for International Development. *Please note this description has been corrected to refer to Hegseth as Defense Secretary, not Secretary of State. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Find the Recommended Read here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices