Nvidia is caught in the middle of an escalating trade war between the world’s two largest economies. Nvidia on Tuesday said it will take a $5.5 billion financial hit after Washington placed fresh restrictions on the export of its H20 artificial intelligence chips to China,

China's economy grew by 5.4% in the first quarter year-on-year as a tit-for-tat trade war with US President Donald Trump escalates China's economy grew by 5.4% year-on-year in the first three months of the 2025, according to data just released by the government.

President Donald Trump signed an executive order on Tuesday that launched a national security investigation into the U.S. reliance on imports of critical minerals, after China suspended exports of certain rare earth metals and magnets.