US stock futures fell after Nvidia revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over President Trump’s trade policy.
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Stock market today: Dow, S&P 500, Nasdaq futures fall as Nvidia reveals costly limits on China exports
Nvidia Says U.S. Will Restrict Sales of More of Its A.I. Chips to China
The restrictions are the first major limits the Trump administration has put on semiconductor sales outside the United States, toughening rules created by the Biden administration.
Nvidia to take up to $5.5 billion sales hit as US regulates sales of H20 chip in China
Nvidia on Tuesday said it would take $5.5 billion in charges after the U.S. government said it would require licenses for exports to China of its H20 microchip, which has been one of its most…
Nvidia expects $5.5bn hit as US tightens chip export rules to China
The chip manufacturing giant, which has been at the heart of the AI boom, will require licences to export its H20 AI chip to China.
China’s Q1 economic growth likely to slow as tariffs darkens outlook
China’s economy is expected to have slowed in the first quarter in the face of a prolonged property downturn, as policymakers brace for the impact of hefty U.S. tariffs that analysts say pose the biggest…
Trump tariffs live updates: Bessent hopes for progress in 90-day ‘pause’ window as Trump presses China
US Treasury Secretary Scott Bessent told Yahoo Finance on Tuesday that he was optimistic about “clarity” on tariffs and progress on key trade deals over the next 90 days, as President Trump simultaneously sought to…
Nvidia Says New Limits on China Exports to Cost $5.5 Billion
Nvidia Corp. said the US government is restricting the export of its H20 chip to China, hamstringing a product line that the company had designed to meet previous curbs.
China debates how to handle criminal crypto cache
Crypto trading is banned in China, and digital tokens are not recognized as legal tender or assets there. But local governments have been using private companies to sell seized digital coins in …
Chinese warehouses are persuading Americans to buy China-made dupes to offset tariff costs
Viral videos on TikTok from Chinese manufacturers claim many high-end European brands rely on their factories to put their wares together before finalizing production in Europe.
Mexican Beer Lovers Beware: Modelo and Corona Caught in Tariff Crossfire
Popular brands like Modelo, Corona, and Crown Royal will soon cost significantly more at your local store. Trump’s planned 25% tariff on Mexican and Canadian imports targets some of America’s most …
China has a powerful card to play in its fight against Trump’s trade war: rare earths
China’s dominance of the rare earths supply chain has emerged as a potent tool in its renewed trade war with the United States. The minerals are used to power everything from iPhones to fighter jets.
U.S.’ inability to replace rare earths supply from China poses a threat to its defense, warns CSIS
The CSIS report warns that the export controls pose direct threats to U.S. military readiness, highlighting that the country is already lagging behind in its defense manufacturing.
Treasury Secretary Scott Bessent to Yahoo Finance: China hasn’t weaponized Treasurys despite bond market volatility
The US bond market is sending worrying signals on the health of the economy. US Treasury Secretary Scott Bessent shares his perspective on the state of the bond market.