With the steps of the U.S. court, “reciprocity” limits

U.S. President Donald Trump commented on tariffs on the White House Rose Garden in Washington, DC, U.S. District of Columbia, April 2, 2025.

Carlos Barria | Reuters

U.S. President Donald Trump is accused of going back to his trade policy - a Financial Times columnist briefly describes the model as a “taco” theory, or “Trump is always chicken.”

The high support of tariffs is largely positive for the market. Now, a federal court has triggered his “reciprocity” tariffs, as Trump has put on hold, elevating our future.

The market for expanding transactions has been affected Nvidia's Sales figures for the January quarter. The chipmaker's data center division grew 73%, which includes artificial intelligence chips and other related components.

Overall revenue jumped 69% from $26 billion a year ago to $44.06 billion — even higher if restrictions on exports to China were not restricted.

In other words, despite the fear that companies don’t need that much premium chip and corporate spending is still booming, despite the expenses being less due to the uncertainty caused by tariffs.

It seems that the restrictions on chip exports on China do not seem to enjoy the same policies faced by tariffs, because in the White House, these rules are more important than "negotiations" and are characterized by Trump's characteristics of tariffs.

Regardless, Trump has much fewer deals if the court continues to formulate policies.

What you need to know today

Trump's "countdown" tariffs continue
The U.S. federal court ruled Wednesday that President Donald Trump exceeded his powers with reciprocity tariffs, hitting the president's main purpose of the economic agenda. "Global and retaliatory tariff orders exceed any authority Ieepa grants to the president to regulate imports through tariffs," the judge wrote.

Even though China curbed, NVIDIA's revenue increased
Nvidia First-quarter earnings beat LSEG estimates. Earnings per share adjusted to 96 cents, higher than expected 93 cents, while revenue was $44.06 billion, which was a 73% increase in revenue for NVIDIA's data center division, which exceeded the $43.31 billion forecast. However, export restrictions to China are weighing the NVIDIA. CEO Jansen Huang said: “The H20 export ban ends our Hopper data center business in China.”

"Negotiation", not supported: Trump
Trump opposed the "taccharide theory" on Wednesday. It describes the pattern of Trump’s announcement of new tariffs that rolled the market, and then paused or alleviated them, causing the market to rebound. When CNBC asked about the term, Trump said his move was "called negotiations."

Markets drop NVIDIA revenue
U.S. stock slipped on Wednesday. this S&P 500 Lossed 0.56% Dow Jones Industrial Average 0.58% down, Nasdaq Composite Materials Give up 0.51%. Yield 30 years of finance Touch briefly 5%. Pan-European Stoxx 600 iNDEX glides 0.61%. Automaker Stellantis dropped 2.2% after Jeep, Dodge, Fiat and more named Antonio Filosa, North America’s chief operating officer, took the new CEO.

Elon Musk is "disappointed" by Trump's bill
Elon Musk, who is in charge of the efficiency of the U.S. government, was exercised by a federal judge on Tuesday in Congress to exercise "important authority." On Wednesday, Musk on X thanked Trump for “the opportunity to reduce wasteful spending.” Musk said he was "disappointed" by Trump's tax bill, saying "increased the budget deficit, not only reducing the budget deficit, but undermining the work done by the Governor's team."

Tesla investors hope Musk can work more
In the news about Musk's initial full-time job, Tesla Investors wrote a letter to board chairman Robyn Denholm on Wednesday, asking Musk to work at least 40 hours a week with the automaker, a condition for any new compensation plan they may arrange for him. The pension fund leader wrote that Tesla's "decline in sales" and "a global reputation is of concern."

(Pro) Bond yields may still put pressure on inventory
Higher bond yields on Wednesday seemed to help hinder the strong start of the stock market this week, while 30-year fiscal yields paused the S&P 500 S&P 500 at the 5% level. Analysts warn that the bond market may experience more exploitation, which will make any stock rally well.

at last...

UAE President Sheikh Mohamed Bin Zayed Al Nahyan (R) welcomed his American counterpart Donald Trump when he arrived at the Abu Dhabi Presidential Pier on May 15, 2025.

Giuseppe cacace | AFP | Getty Images

The UAE romance is more than just about domination

Deep in the Middle East’s oil-rich desert, the United Arab Emirates’ mission is to establish a supreme mission in the field of artificial intelligence.

Seven thousand miles across the planet, the United States, led by President Donald Trump, hopes that American companies will dominate the global AI competition.

Although their goals may be isolated from the mainland, their ambitions have achieved amazing consistency. The United States is currently the world's most advanced semiconductor chip, while the UAE and neighboring Gulf countries have the abundant, cheap energy needed to power huge AI data centers.