Bloomberg News Now April 15, 2025: Critical Minerals Probe, New Curbs on Nvidia China Chips, More
Apr 16, 2025
Delve into the critical minerals investigation fueled by national security concerns, spotlighting tariff implications. Explore NVIDIA's stock struggles due to new chip export regulations to China. Hear about Biden's staunch defense of Social Security amidst growing trade tensions with China. The podcast also uncovers legal dilemmas surrounding wrongful deportation, painting a vivid picture of current U.S.-China relations and technology's role in national security.
AI Snips
Chapters
Transcript
Episode notes
Critical Minerals Investigation
- President Trump launched an investigation into tariffs on critical minerals, focusing on national security.
- These tariffs would replace reciprocal tariffs on trading partners if deemed a national security threat.
NVIDIA Chip Restrictions
- NVIDIA's shares fell after new U.S. licensing requirements for exporting H20 chips to China.
- The restrictions aim to prevent China from using the advanced chips for supercomputers.
China's Tech Independence
- NVIDIA believes that tightening restrictions will push China towards technological independence.
- Further restrictions may only reinforce China's determination to develop its own technologies.