Android Apple

China fires back at Trump's 10% tariff proposal with a 20% price cut on domestic products -- Beijing's policy will negatively affect chipmakers, including Nvidia and Intel

By Yahoo! Finance   |   2 weeks ago
China fires back at Trump's 10% tariff proposal with a 20% price cut on domestic products -- Beijing's policy will negatively affect chipmakers, including Nvidia and Intel

In response to Trump's tariff plans, China's MOF proposes a 20% price advantage for locally made goods in government procurement. This move targets American products, impacting chipmakers like Intel and Nvidia. China aims to reduce reliance on U.S. chips and innovate domestically amid escalating tensions.

Read More

Did you find this insightful?

close

Premium Content

This content is only available for premium members. Please become a paid member to access.

Download App

Currently, memberships can only be purchased through the app.