One major development in this trade war is the Trump administration’s decision to restrict the sale of second-tier GPUs from Nvidia to China. This has resulted in a significant hit to Nvidia’s revenue – estimated at $6.6 billion – and also affected other companies, such as AMD, who will see a decrease of $5 to $600 million in their GPU sales to China. This escalation has caused a pause in any potential rally that may have occurred after the previously announced pause on tariffs.

In addition to the restrictions on semiconductors, China has also retaliated by restricting the sale of rare earth elements, which are used in products such as smartphones. This has caused rare earth element stocks to spike, including companies like METC and UAMY. Furthermore, China has also halted taking deliveries from Boeing for their aircrafts, potentially impacting their sales.

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CHAPTERS
00:00 – More Trump Tariff Turmoil
09:08 – BeachBum Trading Sites
09:56 – Discord Invite

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REFERENCES
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CHAPTERS
00:00 – Welcome

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