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Trump has said his sweeping protective tariffs will reduce the U.S. trade deficit, but levies on Boeing's parts supply line will tax a company that is America's biggest exporter of goods.
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Nvidia's CEO makes surprise visit to Beijing after US restricts chip sales to China The GuardianAMD, Micron, Broadcom Stocks Hit by AI Rules and Tariff Uncertainty Barron'sNvidia C.E.O. Meets With Chinese Trade Officials in Beijing The New York TimesExpert Says U.S. Could Ease Export Restrictions on Some Chips Soon Yahoo FinanceMicrosoft gets a downgrade from KeyBanc on worries over lower cloud demand, AI revolution slowdown CNBC
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ECB cuts rates again to help economy weather erratic U.S. trade policy ReutersEuropean Central Bank cuts interest rates, warns of 'deteriorated' growth outlook on trade tensions CNBCEuropean Central Bank Cuts Rates Amid Tariff Uncertainty The New York TimesECB cuts rates to 2.25% amid Trump trade war Financial Times
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A surge in exports before U.S. tariffs kicked in helped China's economy grow at the start of the year — but a slowdown is expected as the trade war takes hold.
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