In the middle of the US-China tech war, one Chinese company is making huge waves. Victory Giant Technology (Huizhou) Co. has seen its stock price skyrocket by nearly 600% this year. This makes it the top performer in the MSCI Asia Pacific Index. So, what's driving this incredible growth? It turns out, Victory Giant has a special relationship with Nvidia Corp. The Ch...
Nvidia's stock has been on a wild ride, recently hitting a market cap of $5 trillion. This is a huge deal because it makes Nvidia the most valuable company in the world. The company's success is largely due to the growing demand for AI technology. Nvidia's chips are in high demand because they are used to power AI systems like ChatGPT. But there are concerns about a...
A recent dispute between the U. S. and Canada has taken an unexpected turn. It all started with a TV ad from Ontario that used a clip of former President Ronald Reagan speaking out against tariffs. The U. S. president took issue with the ad, calling it "fraudulent" and decided to raise tariffs on Canadian goods by an extra 10%. This isn't the first time the two coun...
New Zealand is making smart choices in trade as the U. S. and China fight over tariffs. The country's finance minister, Nicola Willis, recently talked about how New Zealand is focusing on stronger regional trade ties. This is important because small countries like New Zealand need to be ready for big changes in global trade. New Zealand is part of a big trade deal c...
New Zealand is getting ready for a rough patch in global trade. The country's finance chief, Nicola Willis, thinks that teaming up with neighbors and other partners is the way to go. This is especially important with the U. S. and China at odds over trade. Willis recently talked about this at big finance meetings in Washington. She pointed out that even though there...
The leaders of two of the world's most powerful countries had a chat on the phone. They talked about trade and how to keep their agreement from falling apart. Xi Jinping, the leader of China, used a clever comparison. He said their relationship is like a big ship. Both leaders are like captains, steering the ship together. Xi warned that others might try to steer the...
Canada's steel industry is in a tough spot. The US has doubled tariffs on steel imports from Canada. This move has sparked a lot of anger and worry. The industry is bracing for major job losses and factory slowdowns. Steel is a big deal in Canada. It's a 15 billion dollar industry. It employs 23, 000 people directly and supports another 100, 000 jobs indirectly. The...
The trade relationship between the United States and China hit a rough patch. The latest development? A public accusation from the U. S. President. He claimed that China had not kept its end of a recent trade bargain. This news sent a ripple through the stock market, causing a slight dip in early trading. Trade agreements are complex. They involve lots of back-and-f...
The US is shaking things up again with a major change in steel and aluminum import taxes. Starting this Wednesday, the tariff rate on these imports will jump from 25% to 50%. This move is part of a broader strategy to boost local steel production and reduce dependence on foreign suppliers, particularly China. The announcement came from President Trump during a rally...
The U. S. and China are at a standstill. The U. S. aims to bring manufacturing back home. China wants to sell its goods in the American market. This is a tough situation, but a smart solution could make it work for both sides. In the past, China demanded that American companies build factories in China to access its market. Now, the tables have turned. China is ahea...