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China's Nvidia Chip Warning, US Tariff on Cars, and EU's Industry Concerns
In episode 69, Michelle begins with an introduction and preview of the top financial stories. The episode explores China's H3C warning about a potential shortage of Nvidia AI chips, analyzing the possible market implications of this development. Michelle then shifts focus to U.S. President Trump's announcement of a 25% tariff on car imports, examining its potential repercussions on global trade dynamics. The episode also covers the European Commission's response to the tariff announcement and highlights warnings from industry experts about the broader economic impact. Michelle concludes with closing remarks, encouraging listeners to stay informed by following the podcast for future updates.
Key Points
- China's H3C has warned of a potential shortage of Nvidia's AI chips due to skyrocketing demand, raising concerns about supply chain constraints.
- Shares of major Asian automakers, including Toyota, Honda, and Nissan, fell sharply following the announcement of a 25% tariff on car imports by U.S. President Donald Trump.
- The European Union is seeking negotiated solutions in response to the new U.S. tariffs, while industry experts warn of potential long-term disruptions in the automotive sector.
Speakers
Michelle
Host • 100%
Chapters
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Transcript
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