Trump's Trade War Upended by Courts; Nvidia Rallies on Upbeat Forecast
Bloomberg Daybreak: US Edition29 Maj 2025

Trump's Trade War Upended by Courts; Nvidia Rallies on Upbeat Forecast

On today's podcast:

1) President Donald Trump’s tariff strategy has been thrown into turmoil after a US court issued a rare rebuke blocking many of the import taxes he has threatened and imposed on other countries.

2) Nvidia Corp. Chief Executive Officer Jensen Huang soothed investor fears about a China slowdown by delivering a solid sales forecast, saying that the AI computing market is still poised for “exponential growth.”

3) China blasted the Trump administration’s move to revoke the visas of Chinese students in the US, underscoring the fragility of a recent steadying of ties between the world’s largest economies.

See omnystudio.com/listener for privacy information.

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