Nvidia collapses and Trump confirms rates

The president of the United States, Donald Trump, said Thursday that he would give tariffs to Canada and Mexico, who stop temporarily, the approval, while threatened separately on Wednesday to slapped a 25% tax in the European Union.

Those are some of the closest allies in the United States and the largest commercial partners. Wait geopolitical friction and economic consequences if tariffs are implemented.

Some of the repercussions could have already begun. The unemployment statements in the US. Large technological companies, such as Google, Meta and Microsoft, have announced layoffs this year, although such cost reduction measures may not have been a direct response to tariffs, they are an early sign of how they could see when companies try to deal with the increase in import prices.

Nvidia could also be looking at the cannon of a gun. Most advanced artificial intelligence chips in NVIDIA are manufactured by TSMC in Taiwan. Trump, in his campaign judgment, has complained that the island stole the United States chip business and said it would impose tariffs on Taiwan fries.

Nvidia’s shares collapsed on Thursday after the chips manufacturer announced profits on Wednesday, eliminating billions in market capitalization. If tariffs are also implemented in Taiwan, the image will look much more ugly, and not only for the chips manufacturer.

Nvidia loses $ 273 billion in value
Nvidia The shares fell 8.5% on Thursday, Lisando $ 273 billion in value and give the company a market capitalization of $ 2.94 billion. What are you doing Apple The only member of the $ 3 billion club. Until now, in 2025, Nvidia shares have lost 10% of its value, since the company faces investors on export controls, tariffs, more efficient artificial intelligence models and a general deceleration growth rate.

Trump says that tariffs will continue
The president of the United States, Donald Trump, said Thursday in a Social publication of truth Thursday morning that your proposal 25% of tariffs in Mexico and Canada will enter into force on March 4. He also said that China will face an additional rate of 10%, in addition to the country already faces, on the same date. The reciprocal tariffs, which will be applied to the global business partners of the United States, will kick on April 2, Trump added. Meanwhile, Trump threatened to impose a 25% of tariffs to the European Union.

The markets fall on rates and nvidia
American markets were shaken on Thursday by tariff jitters and a fall in Nvidia actions. He S&P 500 withdrew 1.59%, the Dow Jones industrial 0.45% fell and the Nasdaq compound 2.78%fell. On Friday, Asia-Pacific markets followed the Wall Street slide. From Japan Nikkei 225 Lost around 2.9%, Hong Kong’s Hang Seng index Approximately 3.2% and Australia were reduced S&P/ASX 200 closed 1.16% lower.

Unemployed claims higher than expected
Unexplained claims of USA. For the week ending on February 22 Totalized an adjustment of 242,000 seasonally adjusted, a 22,000 increase of the revised level of the previous week and higher than the Estimation of Dow Jones for 225,000, according to A report from the United States Labor Department Thursday. Separately, Google He told employees this week in their “people operations”, the company’s human relations division and its cloud unit that is Dismissal planningCNBC has learned.

The Bitcoin Week Route
Bitcoin 3.45% fell to around $ 80,500 In Asia’s early trade, almost 25% lower than the maximum of all time in mid -December after Trump’s electoral victory. Prices have been reduced as investors prevent assets from being perceived as risky given the weakness in world capital markets and uncertainty around Trump’s rates. The feeling of investors was also agreed by the news that Bybit, an important cryptocurrency exchange, suffered a Hack of $ 1.5 billion.

(Pro) Gold could reach $ 3,000, analysts say
The central banks around the world have been collecting gold in recent years, raising precious metal to record levels. Now, with persistent geopolitical tensions, along with inflation and commercial concerns, Bullion could soon reach $ 3,000 for the first timeAnalysts think. There are some ways for investors to obtain exposure to gold, and each one has their own fees and risks.

The United States appetite for gold is ‘sucking’ to the bullion of other countries

The threat of tariffs on gold has stimulated American banks, investors and merchants to change gold to the exchange center of basic products and other vaults in New York, when otherwise it would generally be stored in London. “There are concerns that imminent tariffs in Canada and Mexico will affect both gold and silver,” said Nicky Shiels, Head of Metal Strategy in Mks Pamp.

Canada and Mexico are among the largest gold exporters to the United States. Since Trump’s electoral victory last November, US gold futures have largely surpassed their international counterparts, creating arbitration opportunities for those who can change large amounts of ingots to the United States, according to the observers of the industry with whom CNBC spoke.