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On the stock market today, Nvidia stock dropped 2.8% to close at 116.66. ... Wall Street analysts on Monday were attempting to gauge the impact of the Trump tariffs.
Major stock indexes rose as Nvidia reached a $4 trillion valuation. Meanwhile, the Trump administration issued final tariff ...
The consumer price index for June is expected to show that Trump tariffs began to nudge inflation higher last month.
The bad news for Nvidia is that there is now a 32% and 34% reciprocal tariff on imports from Taiwan and China, two countries Nvidia relies on most.
After a few months of speculation, President Donald Trump finally announced his full tariff plan on April 2, which included updated tariffs on more than 180 countries. Some tariffs were on the low ...
Nvidia's most important partner, Taiwan Semiconductor Manufacturing, has plans to ramp up U.S. operations, potentially reducing tariff impact over the longer term.