Nvidia is caught in the middle of an escalating trade war between the world’s two largest economies. Nvidia on Tuesday said it will take a $5.5 billion financial hit after Washington placed fresh restrictions on the export of its H20 artificial intelligence chips to China,

China's first quarter economic growth data is due as a tit-for-tat trade war with US President Donald Trump escalates Chinese imports to the US now face 145% levies, compared to 125% for US goods entering China China,

President Trump released a new statement on China saying that the country needs to come to the U.S. to make a trade deal to lower the tariffs the U.S. has levied against China, because the country needs U.

China seized mines and built factories. Japan took note and invested in Australia. But the United States did little despite concerns about control of supplies.