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.
U.S. to Impose $100,000 Annual Fee for H-1B Work Visas
The Trump administration has proposed setting an annual fee of $100,000 for H-1B work visas, commonly used by tech firms—a move with major implications for companies and foreign-skilled workers.
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