Nvidia falls and Trump confirms tariffs

US President Donald Trump said on Thursday that he would give tariffs to Canada and Mexico, who temporarily paused, in his head, while on Wednesday it was threatened to be a 25% levy on the European Union.

These are some of the closest allies of the USA -the biggest trade partners. Expect geopolitical friction and economic relegation if the tariffs are carried out.

Some consequences may have already started. Unemployment requirements in the United States for the week that ended on February 22 increased more than expected, and were the largest since the beginning of October. Large technological companies, such as Google, Meta and Microsoft, announced the release of this year-such as such cost reduction measures may not be a direct response to the tariffs, they are an early sign that things might look when companies try to deal with increased imported prices.

Nvidia could also stare at the pistol tube. Most of Nvidia’s advanced artificial intelligence chips produce TSMC in Taiwan. At the trial on his campaign, Trump complained that the island had stolen an American job with a chip and said that he would impose tariffs on the Taiwan chips.

Nvidia’s shares fell on Thursday after a chip manufacturer announced a profit on Wednesday, deleting billions of market capitalization. If the tariffs in Taiwan are also carried out, the image will look much uglier, not just for a chip manufacturer.

Nvidia loses $ 273 billion
Nvidia Shares have fallen 8.5%on Thursday, Deleting a $ 273 billion value And giving a companies to a market capitalization of $ 2.94 trillion. That does Apple The only member of the club in the amount of $ 3 trillion. Until now, NVIDIA shares have lost 10% of its value, as the company faces the concern of investors due to export control, tariff, more effective artificial intelligence models and overall growth.

Trump says tariffs will go forward
Said US President Donald Trump on Thursday UA Truth social post Thursday morning that his proposed 25% of tariffs on Mexico and Canada will enter into force on March 4th.. He also said China would face additional tariffs of 10% on top of that, the same date is already facing the state. The reciprocal tariffs, which will be applied to American “global trade partners, will hit April 2, Trump added. In the meantime, Trump threatened to impose a 25% of tariffs to the European Union.

Markets fall over tariffs and nvidia
US markets are accelerated on Thursday Tariff Jitters and Udranja in Nvidia shares. AND S & P 500 withdrawn 1.59%, Dow Jones industrial average dropped 0.45% and Nasdaq composite dropped 2.78%. On Friday, The Asian-Pacific Market followed the Wall Street slide. Japanese Nikkei 225 lost about 2.9%, Hong Kong’s Hang Seng Index was about 3.2%and Australia S & P/Asx 200 closed 1.16% lower.

Unemployment requirements without expectation
US Unemployment Requests for the Week that ended on February 22th. A total of seasonally adapted to 242,000, which is 22,000 compared to the revised level of the previous week and higher than the DOW Jones estimate for 225,000, according to The report of the US Department of Labor Thursday. Separately, Google He told employees this week in his “people with people”, the company for the human relations of the company and his unit in the cloud that he was Planning of releaseCNBC found out.

Bitcoin Route Week
Bitcoin dropped $ 3.45% to about $ 80,500 In early trading in Asia, almost 25% lower than a high hit all time in mid -December after Trump’s election victory. Prices have slipped off as investors avoid property that is considered to be risky given the weakness of the global capital markets and the uncertainty of Trump’s tariffs. Investors’ feelings also alleviated the news that Bybit, a great exchange of cryptocurrencies, suffered a $ 1.5 billion hack.

[PRO] Gold could reach $ 3,000, say analysts say
Central banks from all over the world have been collecting gold in recent years, lifting valuable metal to record levels. Now, with permanent geopolitical tensions, along with inflation and trade problems, Bullion could soon get to $ 3,000 for the first timeAnalysts think. There are several ways for investors to get exposure to gold, and each had their own fees and risks.

American appetite for gold is ‘suction’ of levers from other countries

The threat of gold tariffs has encouraged US banks, investors and traders to transfer gold to the Center for exchange of goods and other vaults in New York, if otherwise it would usually be stored in London. “There are concerns that direct tariffs on Canada and Mexico will affect both gold and silver,” said Nicky Shiels, head of metal strategy at MKS Pamp.

Canada and Mexico are among the largest exporters of gold to the United States. From Trump’s victory in November last November, the US Golden Future has greatly surpassed its international colleagues, creating arbitration opportunities for those who are able to transfer large quantities of levers to the United States, CNBC said in the CNBC industry.