Trump's 100% Tariff Threat on China: Tech Giants Lose $770 Billion, Nasdaq Plunges
US President Donald Trump's threat to impose a 100% tariff on Chinese imports has rocked the tech sector. Nvidia, Amazon, and Tesla-led megacaps shed $770 billion in value, with Nasdaq dropping 3.6% in its worst day since April. This escalates AI bubble concerns and revives global trade war fears.
US-China Chip Battle Heats Up: New Trade Sanctions
On September 14, 2025, the US added two Chinese firms to the Entity List for smuggling chip equipment to SMIC, impacting 32 entities and escalating tech tensions.
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