President Trump's tariffs have sparked interest from Japan, South Korea, and Taiwan in investing billions in the massive Alaska LNG project, which involves building an 800-mile pipeline and export facility, as a potential trade deal to avoid high U.S. tariffs.
Despite a $270 billion market value hit due to Trump-era tariffs, Nvidia CEO Jensen Huang vows to invest $500 billion in U.S. manufacturing while continuing to serve the crucial Chinese market, defying trade tensions and underscoring the company's resilience and long-term vision.
DeepSeek, a Chinese AI platform accused of data theft, spreading propaganda, and violating U.S. export controls by covertly funneling American user data to the CCP and training on material unlawfully obtained from U.S. AI models, has drawn scrutiny from Congress over Nvidia chip sales.
Chip giants like Nvidia, AMD, and ASML face billions in losses after Trump's export curbs on selling advanced chips to China, with Nvidia bracing for a $5.5 billion charge, AMD up to $800 million hit, and ASML citing demand uncertainty due to tariff restrictions.
Nvidia grapples with new US export restrictions requiring licenses to sell its H20 AI chips to China, citing national security risks, potentially leading to a $5.5 billion hit in its Q1 2026 fiscal year.
China's export curbs on rare earth elements essential for U.S. defense technologies like fighter jets and missiles threaten America's military edge, as the country lacks short-term alternatives to China's supply of these critical materials, potentially widening the capability gap with Beijing.
Trump's trade war with China upends decades of globalization, exposing the U.S. economy's deep reliance on Chinese imports and the difficulty of finding alternative suppliers, highlighting significant supply chain risks.
A majority of CEOs are bracing for a potential recession within the next six months, with over 60% anticipating one, as trade tensions and tariffs weigh heavily on their businesses, causing profit concerns, according to a survey by Chief Executive.
Investors are fleeing U.S. assets like Treasurys and the dollar, with the 10-year Treasury yield soaring above 4.5% and the U.S. dollar index hitting a 3-year low on Friday, signaling concerns over waning dollar dominance and the currency's appeal as a global reserve amid trade tensions.
Trump's tariffs on Chinese imports are disrupting Amazon sellers who source from China, forcing price hikes or cost absorption, while reviving challenges in reviving U.S. manufacturing due to higher costs and lack of infrastructure, adding uncertainty across the economy.