Trump, NVIDIA and tariffs
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The United States’ plan to “re-industrialize” technology manufacturing is “exactly the right thing,” Jensen Huang, CEO of the world’s largest chipmaker, said Thursday.
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Investor's Business Daily on MSNDow Jones Futures: Trump Tariffs Set To Top Liberation Day Highs; Will Markets Hold?The stock market held near highs last week as Trump tariffs continued Saturday. Inflation, earnings loom. Google, AMD are near buy points.
President Trump will wield 50% copper tariffs on August 1 as he promises more to come with countries such as Brazil in the crosshairs. Delta’s good news, Nvidia scores the first $4 trillion market cap milestone,
Nvidia has been grappling with export controls on its AI chips implemented by the Trump administration in April for national security reasons.
Federal Reserve officials split over when to cut rates, Brazil vows response to 50% tariff, and more news to start your day.
Copper and pharmaceuticals are getting hit with the tariff stick and the price is steep says President Trump who is promising more trade deals. Stocks remain volatile amid the uncertainty, but investors are piling into Nvidia lifting its market cap to new record.