NVIDIA sluggish and Trump confirms tariffs | Real Time Headlines

U.S. President Donald Trump said on Thursday that he would temporarily suspend tariffs on Canada and Mexico, along with tariffs on Canada and Mexico, while threatening to impose a 25% tax on the EU on Wednesday.

These are the United States’ closest allies and largest trading partners. If tariffs are imposed, geopolitical frictions and economic consequences can be expected.

Some effects may have begun. Unemployed claims for the week ending February 22 were higher than expected and were the highest since early October. Big tech companies such as Google, Meta and Microsoft announced layoffs this year — while such cost-cutting measures may not be a direct response to tariffs, they are early signs that companies are trying to cope with rising import prices.

Nvidia may still be staring at the barrel of the gun. Most of NVIDIA’s advanced AI chips are made in Taiwan by TSMC. Trump complained during the campaign trial that the island had stolen U.S. chip business and said he would impose tariffs on Taiwan’s chips.

NVIDIA shares plummeted after chipmakers announced earnings on Wednesday, eliminating billions of dollars in market cap. If Taiwan’s tariffs were also imposed, the pictures would look uglier, not just chipmakers.

NVIDIA loses $273 billion in value
Nvidia Stocks fell 8.5% on Thursday, Eliminate $273 billion worth And give the company a market value of US$2.94 trillion. This makes apple The only member of the $3 trillion club. So far, NVIDIA shares have lost 10% of its value in 2025 as the company faces investor concerns about export controls, tariffs, more effective AI models, and overall growth rate growth.

Trump says tariffs will continue
US President Donald Trump on Thursday Truth Society Position On Thursday morning, he proposed Mexico and Canada’s 25% tariff will come into effect on March 4. He also said that on the same date, China will face 10% tariffs (most importantly, the tariffs the country has faced. Trump added that reciprocal tariffs that will apply to U.S. global trading partners will begin on April 2. Meanwhile, Trump threatens to impose a threat to impose a 25% tariffs for the EU.

Tariffs and NVIDIA downturn in the market
The U.S. market was shocked on Thursday An investment by tariffs shaking and NVIDIA shares. this S&P 500 Retreat 1.59% Dow Jones Industrial Average 0.45% down, Nasdaq Composite Materials 2.78%. On Friday, Asia Pacific Market Follow Wall Street Slideshow. Japanese Nikkei 225 Loss of approximately 2.9%, Hong Kong Hanging Forest Index A drop of about 3.2% in Australia S&P/ASX 200 Close 1.16%.

A higher than expected unemployment claim
U.S. unemployed claims this week ends February 22 According to seasonally adjusted 242,000, up 22,000 from last week’s revision level, higher than Dow Jones’ estimate of 225,000 U.S. Department of Labor Report Thursday. Separately, Google This week in its “People’s Action”, the company’s interpersonal relationship department and its cloud department told employees Plan to lay off employeesCNBC has learned it.

Bitcoin’s week-long rout
Bitcoin Leaning 3.45% to $80,500 In early Asian deals, it was nearly 25% higher than Trump’s all-time high in mid-December after his election victory. Given the weakness in global stock markets and uncertainty in Trump tariffs, investors avoided investors considered risky and prices fell. Investor sentiment is also reported to be the main cryptocurrency exchange Bybit suffers $1.5 billion hacker.

(Pro) gold could hit $3,000, analysts say
Central banks from around the world have been mining gold in recent years, lifting precious metals to record levels. Now, due to ongoing geopolitical tensions, as well as inflation and trade issues, Gold bars will soon reach $3,000 for the first timeanalysts believe. Investors have several ways to obtain gold, each with its own fees and risks.

The U.S.’s appetite for gold is sucking gold bars from other countries

The threat of gold tariffs has prompted banks, investors and businessmen to transfer gold to New York’s commodity trading centers and other vaults that would otherwise be stored in London. “There are concerns that imminent tariffs in Canada and Mexico will affect gold and silver,” said Nicky Shiels, head of metal strategy at MKS PAMP.

Canada and Mexico are one of the largest gold exporters in the United States. Since Trump’s victory in the Trump election last November, U.S. gold futures have largely surpassed international peers, creating arbitrage opportunities for those who can transfer large amounts of gold bars to the United States.