Stock prices are falling because Trump Turmoil 2.0 is making investors dizzy. Just today, President Donald Trump confirmed that 25% tariffs will be imposed on Canada and Mexico tomorrow. He also said that the US will impose tariffs on agricultural products on April 2. The President ordered a pause on all US military aid to Ukraine, three days after he kicked Ukrainian President Volodymyr Zelensky out of the White House following a heated Oval Office meeting between the leaders.
Exacerbating today's stock market swoon were news reports that Nvidia's latest Blackwell chips are reaching China and that Dell and Super Micro may be violating US export restrictions in shipping servers that may contain Nvidia chips from Singapore to Malaysia. Malaysia is reportedly a hub of chip smuggling to China.
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