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On Wednesday, a US auto parts group, MEMA, the Vehicle Suppliers Association, has urged immediate action over China's tighter controls on rare earth exports, warning the move could soon disrupt car production.
U.S. President Donald Trump said Wednesday that it was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions.
Nvidia shares have staged a $1 trillion rebound in two months — and investors are betting the rally has further to go as fears about the firm give way to optimism.
Stock futures fell Monday, the first trading day of June, as global trade tensions increased. S&P 500 futures traded down 0.4%, and Nasdaq-100 futures were 0.6% lower.
Not even a trade war can stop Nvidia. In another impressive showing, the apex AI ticker charged through the tech sector malaise and delivered.
U.S. President Donald Trump could still find a workaround after suffering a major blow to a core part of his economic agenda.