Nvidia falls and Trump confirms fees

US President Donald Trump said Thursday he would give tariffs in Canada and Mexico, which have been temporarily stopped, progressing, while threatening Wednesday to hit a 25% tax in the European Union.

These are some of the nearest US allies and the largest trade partners. Expect geopolitical friction and economic consequences if tariffs apply.

Some of the consequences may have already begun. Unemployment claims at the US for the week ending February 22 rose more than expected and were the highest since the beginning of October. Large technology companies, such as Google, Meta and Microsoft, have announced dismissals this year-where such measures to reduce costs may not have been a direct response to tariffs, they are an early sign of what may seem when companies try to increase import prices.

Nvidia can also be by turning on the barrel of a weapon. Most advanced artificial Nvidia intelligence chips are manufactured by TSMC in Taiwan. Trump, in his campaign trial, complained that the island stole the US chip business and said he would impose tariffs on chips from Taiwan.

Nvidia’s shares fell on Thursday after Chipmaker announced revenues on Wednesday, eraseing billions in market capitalization. If tariffs also apply to Taiwan, the photo will look much uglier, not just for chipmaker.

Nvidia loses $ 273 billion in value
Nvidia Shares dropped 8.5% on Thursday, wiping $ 273 billion in value and giving the company a $ 2.94 trillion market capitalization. It does Apple The only member of the club 3 trillion dollars. So far in 2025, Nvidia shares have lost 10% of their value, as the company faces investor concerns for export controls, tariffs, most effective artificial intelligence models and a general growth slowdown rate.

Trump says the fees will go ahead
US President Donald Trump on Thursday said in a social post on the truth Thursday morning that his proposed 25% tariffs in Mexico and Canada will come into force March 4. He also said China will face an additional 10% fee – at the top of this country it already faces – on the same date. Mutual tariffs, which will apply to global US trade partners, will begin on April 2, Trump added. Trump, meanwhile, threatened to impose a 25% fee in the European Union.

Markets fall over tariffs and Nvidia
The US markets withdrew on Thursday from tariff utilities and a diving in Nvidia shares. S&P 500 withdrew 1.59%, Dow Jones industrial average fell 0.45% and Nasdaq It fell 2.78%. On Friday, the Asia-Pacific markets followed the Wall Street slide. Japan Nikkei 225 Lost about 2.9%, Hong Kong’s Hang seng index was down approximately 3.2% and Australia S & P/ASX 200 Closed 1.16% lower.

Unemployed claims higher than expected
US unemployment claims for the week ending February 22 reached a seasonal seasonal, 22,000 from last week’s revised level and higher than Dow Jones rating by 225,000, according to a US Department’s report Thursday. Separately Google She told employees this week in the “People’s Operations”, the company’s human relations Division and its Cloud unit that she is planning a job from work, CNBC has learned.

Street a long week of bitcoin
Bitcoin fell 3.45% to about $ 80.500 in the early trading of Asia, nearly 25% lower than the high stroke of all time in mid -December after the Trump’s choice. Pricements have fallen as investors avoid perceived dangerous assets given the weakness in global markets of net capital and uncertainty about Trump’s tariffs. The feeling of investors was also poured out of the news that Bybit, a large swap Cryptocurrency, suffered a $ 1.5 billion.

[PRO] Gold can reach $ 3,000, say analysts
Central banks from around the world have been collecting gold in recent years, raising the precious metal to record levels. Now, with constant geopolitical tensions, along with inflation and trade concerns, the rod can soon reach $ 3,000 for the first time, analysts think. There are some ways for investors to gain exposure to gold, with everyone who has their own tariffs and risks.

America’s appetite for gold is ‘sucking’ rods from other countries

The threat of tariffs on gold has prompted US banks, investors and traders to relocate gold to the exchange center of goods and other vaults in New York, when otherwise it would usually be stored in London. “There are concerns that immediate tariffs in Canada and Mexico will affect both gold and silver,” said Nicky Shiels, head of the Metal Strategy at MKS Pamp.

Canada and Mexico are among the largest gold exporters in the United States. Since winning Trump’s elections last November, the golden future in the US has mainly exceeded their international counterparts, creating arbitration opportunities for those who are able to relocate large quantities of rods to the US, according to CNBC industry observers.