19 h. ago US stocks drop after Nvidia warns over hit from controls on China exports

London’s FTSE was retreating during the day, but made headway later in the afternoon following gains from mining and energy stocks.

Events

19 h. ago Tech stocks sink after Nvidia reveals hit from US curbs on sales to China

Chipmaker leads declines as Wall Street sell-off reignites

Events

21 h. ago ‘How dare the US attack the UK’s free speech’ Independent readers call out trade deal demands

Our community share their views on the US trade deal ultimatum, from outrage at ‘JD Vance’s demand to scrap LGBT+ protections’ to calls for Keir Starmer to ‘defend British laws, not bow to US pressure’

Economics

28 h. ago Nvidia expects to take $5.5bn hit as US tightens AI chip export rules to China

Shares plunge as firm says H20 chip, designed for Chinese market to comply with controls, will now need special licenceNvidia has said it expects a $5.5bn (£4.1bn) hit after Donald Trump’s administration barred the chip designer from selling crucial artificial intelligence chips in China, sending shares in one of the US’s most valuable companies plunging in after-hours trading.The company said in an official filing late on Tuesday that its H20 AI chip, which was designed specifically for the Chinese market to comply with export controls, would now require a special licence to sell there for the “indefinite future”. Continue reading...

Events

35 h. ago Nvidia to take $5.5bn hit as US clamps down on AI chip sales to China

Trump administration’s curbs send chipmaker’s shares sliding in after-hours trading

Economics

36 h. ago Nvidia to take $5.5bn hit as US clamps down on China AI chips exports

Trump administration’s curbs send chipmaker’s shares sliding in after-hours trading

Events

38 h. ago Nvidia to take $5.5bn hit as US clamps down on China AI chip exports

Trump administration requires Silicon Valley chipmaker to obtain special license to sell H20 product

Events

58 h. ago China’s Xi Jinping is in Vietnam to figure out how to ‘screw’ the US, says Trump

US president issues scathing view of Chinese counterpart’s motivations amid escalating trade war with Beijing Xi Jinping’s tour of South-east Asia this week is likely intended to “screw” the United States, President Donald Trump has suggested, as the Chinese leader embarks on five-day tour of some nations hardest hit by Trump’s tariffs.China’s president arrived in Hanoi on Monday, where he met Vietnam’s top leader, To Lam, called for stronger trade ties, and signed dozens of cooperation agreements, including on enhancing supply chains. Continue reading...

Politics

5 d. ago Trump insists tariff war is ‘doing really well’ as recession fears mount

S&P 500 and Dow Jones rise sharply after extraordinarily volatile week as experts warn of continued turbulenceDonald Trump insisted his trade war with much of the world was “doing really well” despite mounting fears of recession and as Beijing hit back and again hiked tariffs on US exports to China.As the US president said his aggressive tariffs strategy was “moving along quickly”, a closely watched economic survey revealed that US consumer expectations for price growth had soared to a four-decade high. Continue reading...

Politics

6 d. ago Tariffs live: China hits US with fresh levies and vows it will ‘fight to the end’ in Trump trade war

China has lifted tariffs on US goods to 125 per cent and said it would ignore any further US levy increases in the escalating trade war

Events

6 d. ago Chinese meme machine mocks Trump and JD Vance with more AI videos of them as factory workers

Chinese accounts have been promoting video and photos ridiculing the so-called 'US Manufacturing Revival Plan' since Trump centred his tariffs on Chinese exports.

Politics

6 d. ago China hits back at US with 125% tariffs as Xi Jinping warns Donald Trump ‘there are no winners in trade war’

The move announced on Friday is the latest tit-for-tat retaliatory tariffs hike in a growing trade war between the two superpowers

Events

6 d. ago Gold hits record high as Donald Trump trade war with China intensifies

The price of the precious metal rose to above $3,200 an ounce as investors flock to the so-called 'safe haven' asset in the wake of the trade war between Washington and Beijing

Events

6 d. ago Trump's tariff war affects us all – this is how much your iPhone will cost now

Trump’s tariff war means everyone’s iPhone prices will skyrocket by hundreds of pounds as most of the devices are made in China - which has been hit by soaring tariffs

Politics

6 d. ago Tariffs live: Trump levies on China hit 145% as Starmer told only ‘extraordinary’ deal will let UK escape tariffs

European stock markets rebound slightly after Trump makes humiliating U-turn on tariffs for most countries

Economics

7 d. ago Tariffs live: China hits back at US as stand off against Trump continues amid global market rebound

US president’s shocking decision to now pause hefty duties comes as he ratcheted up trade war with China, hiking tariffs to 125%

Economics

7 d. ago US stocks and dollar tumble as Trump fails to soothe economic fears

White House says duties on imports from China to hit 145 per cent

Politics

7 d. ago Tariffs live: China hits back against Trump with 84% duty on US goods coming into force

Trump intensifies trade war with China but softens stance elsewhere after US bond market jitters

Politics

7 d. ago US stocks surge as Trump pauses ‘reciprocal’ tariffs for 90 days

Most countries’ imports face a maximum 10% levy but Trump hits China harder

Politics

7 d. ago Trump tariffs live: FTSE suffers more heavy loses after EU and China hit back at US in spiralling trade war

UK markets slump again in Wednesday’s trading as Trump’s full roster of ‘reciprocal’ tariffs takes effect

Events