Trump Tariffs Take Spotlight as Market Focuses on Us Economy
Nvidia's financial report was largely uneventful, with forecasts being strong but not sensational, and gross margins declining but promising to rise in the mid-year. Despite initial concerns about China's lower-cost AI competitor DeepSeek threatening Nvidia's Western business model, demand for high-power computing remained strong. The market's focus on the US economy and Trump's trade wars overshadowed other news, including the latest rumblings on tariffs from Washington.
- The shifting landscape of global trade tensions highlights the complex interplay between economic nationalism and the interests of multinational corporations.
- How will the ongoing trade war impact the long-term competitiveness of US industries such as technology and manufacturing?