Nvidia shares drop in value after Trump raises tariffs on China

Published May 10, 2019 114 Views $0.02 earned

Rumble / Trending NewsAccording to Business Insider, An escalation in the trade war between the US on China sent Nvidia shares down by more than 2.5% on Friday.
Semiconductors are particularly vulnerable to Chinese trade as the country is an important source of demand.
As of 12:01 a.m. ET on Friday, tariffs on $200 billion worth of Chinese goods were increased to 25% from 10%.
While talks continue, China has vowed retaliation should a resolution not be reached.

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