Steel and aluminium products are more than tripled to 25%. Tariff hikes and other products including semiconductor chips are set to take into effect over the next two years. The increases which impact a relatively small amount of us imports come as vice president kamala harris and former president donald trump have clashed over tariffs on the campaign trail. Mrtrump clashed over tariffs on the campaign trail. Mr trump is calling for sweeping new duties on all imports while ms harris has said his proposal would raise prices for the american people. Raise prices for the american eo le. . , ,. , raise prices for the american eole. . . , , people. The european union is also considering people. The european union is also considering tariffs people. The european union is also considering tariffs on also considering tariffs on china made electric vehicles and negotiations are ongoing. The block was meant to vote on the taxes earlier this week that has since been delayed. We will bring you a
Will more than triple to 25%. Tariff hikes on other products, including semiconductor chips, are set to take into effect over the next two years. The increases, which impact a relatively small amount of us imports, come as vice president kamala harris and former president donald trump have clashed over tariffs on the campaign trail. Mr trump is calling for sweeping new duties on all imports, while ms harris has said his proposal would raise prices for the american people. Meanwhile, the european union is also considering tariffs on china made electric vehicles and negotiations are ongoing. The bloc was meant to vote on the taxes earlier this week, but that has since been delayed. Us stock markets rose on thursday, with the s&p 500 closing at a record high for the third time this week. Shares of micron jumped by almost 15%. This comes after the chip company posted strong earnings and said it expected growth in the months ahead, led by the artificial intelligence boom. We are keeping an
Prices. A new study warns japan is facing a double digit contraction in the coming months as the coronavirus pandemic slows the economy further. Shery lets get you started with a quick check on how markets are trading. We are seeing key restocks gaining ground for a third consecutive session. We have seen the rbnz come out and say it is open to increasing the size and scope of its program. We are seeing further upside in trading. Nikkei to futures up. 2 . U. S. Futures under a little bit of pleasure but this of course after closing at the highest level in a month and also entering a bull market. Up more than 20 over its recent low. Wti also gaining ground, up more than 4 above that 26 a barrel level. We have seen a little bit of fluctuation in the oil market. We are headed to the opecplus meeting on thursday. President trump says there are of to slow the spread there are signs that the virus effort is having an impact. In his daily coronavirus briefing, he lashed out against the World
Our time. Ai the defining technology of ourtime. Some ai the defining technology of our time. Some of the biggest names in tech are expected to use these gpus and we expect to see the technology in action later this year. Bob odonnell from Technalysis Research was at the event in sanjose, california. With all the anticipation built up for nvidias latest product, he says it wasnt your typical technology conference. The atmosphere was like a rock concert. I have not seen Something Like this in the Tech Industry in quite some time. Some people were Making Analogies to the early days of steve jobs but the buzz was in the air and the feel of the event was very much like a concert. And jensen was a rock star. He presented many times in the past but this was clearly his moment and he was soaking it up because the company is on Top Of The World right now. Everyone wants to know what are they going to do . They have a new blackwell gpu, the latest chip to accelerate ai and then, importantly, no
In tech are expected to use Blackwell Gpus and we expect to see the technology in action later this year. Bob odonnell from Technalysis Research was at the event in san jose, california. With all the anticipation built up for nvidias latest product, he says it wasnt your typical technology conference. The atmosphere was like a rock concert the atmosphere was like a rock concert i the atmosphere was like a rock concert. I havent seen Something Like this in the Tech Industry Something Like this in the Tech Industry in quite some time. Some industry in quite some time. Some people were Making Analogies to the early days of steve analogies to the early days of steve jobs types of presentations, but the buzz was in the presentations, but the buzz was in the air presentations, but the buzz was in the air and the whole feel of the in the air and the whole feel of the event was very much like a concert of the event was very much like a concert and jensen was a rock stat a concert and jensen wa