Rate of fears overtaken by high -flying optimism in the US input

This is a story of gold and computer servers.

Van Switzerland and Taiwan, Europe and Asia, the past and the future, a story of fear and optimism, and, in both cases, of air freight.

It is the story of how the import of gold bars rose to a stunning value of $ 30.44 billion in January, the month that President Trump took on his second term and then in June, only five months later, more than 99% to $ 189.13 million decreased to $ 189.13 million – and why that happened.

It is the story of how the computer category, including servers, grew with 54.12%in the same period. How the category steadily and certainly grew to $ 21.48 billion in June, while the total American import fell 16.32% – and why that happened.

It is the story of how AI optimism among the largest American technology companies, through the narrow prism of the trade data of the American merchandise, overshadows the fear of investors on Wall Street.

In the middle, Main Street, companies are large and small in the hope of benefiting from artificial intelligence, but paying more attention to the short -term impact of rates on their company.

But first it was a golden story about how American imports from Switzerland rose in the winter in the midst of fear of threats of rates and the impact of a Trump presidency. Golden Import, generally seen as a safe haven in difficult times, made JFK International Airport in January and February no. 1 -arranged port in the country. A gold category (HS 7115) rose to arrange as the number 1 ranked import of the country the same two months. Then in June slid all the way to No. 198.

By the time President Trump announced a 39% rate to Swiss import, alerted by a rapidly increasing American deficiency, the gold rush was over, the question was.

When we moved from winter to spring and in the summer, the story is about. It is about to the story of how the broad computer category (HS 8471) was the number 1 import in April, May and continued in June.

It happened with steady growth, because Microsoft, Amazon and the mother companies of Facebook and Google pour Hundreds of billions of dollars in the artificial Intelligentierace. She and their suppliers have a rental, buying, building and bet that AI will change the world economy, just as Microsoft has changed the world at the start of the Personal Computer era and as deep as Facebook, Amazon and Google have changed the world since the start of the internet.

It is about a race to the future instead of a safety retreat. It is not clear who will be proven that has been the same. Will the impact of rates that are quadrupled this year the economy in a recession or will stay largely unnoticed? Will the progress of AI initially turn out to be elusive or to come quickly?

Do the large technology companies really respond from optimism or is there at least a touch of FOMO – fear of missing it?

One thing is certain: as the import of gold rose and then fell, the computer category of 4.29% of all American imports went to 5.74% to the first six months to – in a sign of acceleration – 8.09% in June.

To offer a small perspective, in June the value in the computer category 42.12% was larger than the second rank -order category of passenger vehicles and 90.68% larger than oil, the third -rank import.

Within that computer category there is a subcategory (HR 847150) where servers are counted. The worldwide import has grown this year by 135.40%, and is largely feeding in Chicago’s O’Hare International Airport, Los Angeles International Airport and Port Laredo in Texas.

A number of companies that benefit from this outpouring of enthusiasm and dollars are in Taiwan. In the entry of the US into the computer category, Taiwan grew its market share of 18.57% share behind Mexico and China before 2024 to 35.19% in June of this year, not only Mexico, but Vietnam, Thailand and then China.

Taiwan, with those imports, catapulted to record -high No. 4 belong to all US trading partners for the value of his trade in June. And here are three extra and even more impressive statistics:

• It ranked number 1 among all countries that traded with the United States for the value of its air freight.
• Trade grew more than with any other US trading partner in June, an increase of $ 7.42 billion.
• The trade was the second fastest due to growth percentage (53.85%) in the top 50, which was good for 95.45% of all American trade.

Taiwan adds another piece to this story. It is the story of another large technology company, Taiwan’s Foxconn, who rode the incredible rise of Apple. Today it is AI Server Business exceeds its iPhone activities. Although a number of other Taiwanese companies are involved, Foxconn has captured another tiger at the tail and controls 40% of the global AI server market.

While the import of the global server grew by 135.40% from January to June, the American import from Taiwan has grown by 583.27%, with O’Hare registering an increase of 994.05% and 804.30%. The two accounted for 51.24% of the total. Dallas Fort Worth International Airport’s import from Taiwan servers in June grew by 104.70% from January, probably to nourish the Texas Server-Boerenmarkt.

Within the trade data of the merchandise, the story of competing forces for attention is: gold and the safety it offers in times of emergency and computer servers and the promise they possess at the start of the era of artificial intelligence. It is a story whose end still has to be written.