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OpenAI Plans Massive India Data Center, Trump Tariffs Ruled Illegal | The Opening Trade 9/1

Markets

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September 1, 2025

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Bloomberg

OpenAI is seeking to build a massive new data center in India with at least 1-gigawatt capacity, scouting local partners for the project. The company's ambitions in India coincide with rising tensions over trade between Washington and New Delhi, with the US having imposed a tariff on Indian goods. Most of President Donald Trump’s global tariffs were ruled illegal by a federal appeals court that found he exceeded his authority by imposing them through an emergency law, but the judges let the levies stay in place while the case proceeds. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson. (Source: Bloomberg)

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