US President Donald Trump speaks during a quality league to sermon transgression successful Washington, DC, successful the Brady Press Briefing Room astatine the White House successful Washington, DC, connected August 11, 2025.
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The heaviest of U.S. President Donald Trump's "reciprocal" tariffs — a afloat 145% connected imports of Chinese goods — was, erstwhile again, delayed for different 90 days.
The determination should beryllium a immense alleviation not conscionable to investors, but possibly astir of the colonisation connected Earth. The U.S. and China are the 2 largest economies successful the world, according to World Bank data, and a commercialized warfare successful which imports of each other's goods treble successful terms would astir apt stymie, if not cripple, the planetary economy.
But markets were mostly unmoved. Well, they did determination — lower. The 3 large U.S. banal indexes retreated Monday arsenic this result was much oregon little expected, since some sides had earlier telegraphed an hold of the tariff pause.
Investors could person besides been conditioned to expect flip-flopping from Trump, specified that threats, promises, criticisms and praises don't transportation arsenic overmuch heft arsenic they should anymore. On Monday, Trump said Intel's CEO Lip-Bu Tan's "success and emergence is an astonishing story," aft describing Tan arsenic "highly CONFLICTED" the week before.
There's a Freudian thought successful which an idiosyncratic projects their thoughts and feelings to different person. Researchers are, well, conflicted, connected the veracity of the phenomenon, but empirical reflection suggests it's not uncommon.
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And finally...
(COMBO) This operation of pictures created connected January 31, 2025 shows (L) Nvidia CEO Jensen Huang successful Las Vegas, Nevada connected January 6, 2025, and US President Donald Trump successful the Oval Office of the White House successful Washington, DC connected January 31, 2025.
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What Trump's Nvidia and AMD China woody means for the world
Nvidia and AMD have agreed to stock immoderate of their revenue from income to China with the U.S. government, according to respective reports.
The statement crafted by U.S. President Donald Trump's medication is "unusual," analysts told CNBC, but underscores the transactional quality of the existent White House leader. Meanwhile, investors spot the determination arsenic broadly affirmative for some Nvidia and AMD, which tin again unafraid entree to the Chinese market.
— Arjun Kharpal
English (US) ·