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Posted by
Two Blokes Apr 17 -
Filed in
General
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#TwoBlokesTrading
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The Trump administration's new AI-semiconductor export restrictions to China, including Nvidia chips, led to a $5.5 billion write-down and market volatility. Fed Chairman Powell emphasized tariffs' higher-than-expected economic impact, causing investor panic and a market tailspin, but reaffirmed his commitment to the Fed's mandate.
