tariffs – Page 7 – One America News Network

BofA stock surges after boosting profit on trading gains, interest income

Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul.

SANTA CLARA, CALIFORNIA - MAY 21: A sign is posted in front of Nvidia headquarters on May 21, 2024 in Santa Clara, California. Chip maker Nvidia will report first quarter earnings on Wednesday, May 22nd. (Photo by Justin Sullivan/Getty Images)

Nvidia Announces Plans To Manufacture AI Supercomputer Chips ‘Entirely In The U.S.’ Following Trump’s Tariffs

Following President Donald Trump’s introduction of tariffs, Nvidia revealed that it will produce AI Supercomputer chips “entirely in the U.S.” for the first time.

People look at semiconductor products at the SEMICON China semiconductor exhibition in Shanghai on March 26, 2025. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)

Trump Unveils New Tariffs On Foreign Electronics, Boosting U.S. Chip Industry

President Donald Trump has announced that semiconductors and chips imported into the United States will be hit with specific tariffs, adding that the tariff percentages for the products will be announced within the week.

QUEMADO, TEXAS - FEBRUARY 22: Farmer Randy Edwards, 64, fixes a broken barn fence on February 23, 2023 in Quemado, Texas. The valley's dry spell continues creating financial challenges for the Edwards' as demand climbs and resources become increasingly scarce due to a lack of rainfall in the region. "Cindy has already used her year's budget on hay for her lambs, and its only February. We're now supplementing with hay because the fields aren't producing-which is costly," said Edwards. Agriculture and livelihood along the Rio Grande is undergoing severe drought conditions as record-high dry spells continue straining the region. An increasingly arid climate and a growing population along the Southern border has signified and raised concerns on the severity, regularity and duration of naturally occurring droughts in the region. (Photo by Brandon Bell/Getty Images)

Trump Threatens Mexico With Tariffs And Sanctions For ‘Stealing’ Water From Texas Farmers

President Donald Trump recently halted all water shipments to Tijuana after accusing Mexico of “Stealing” water from Texas farmers after failing to honor their obligation to provide Rio Grande water under the 1944 Water Treaty.

TOPSHOT - CORRECTION / In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin shakes hands with US President Donald Trump's envoy Steve Witkoff during a meeting in Saint Petersburg on April 11, 2025. (Photo by Gavriil Grigorov / POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images)

U.S. Special Envoy Witkoff Meets With Putin In Russia As Trump Grows Impatient: ‘Get Moving’

President Donald Trump’s special envoy Steve Witkoff held talks with Russian President Vladimir Putin early Friday in an attempt to pressure Moscow to expedite the peace process.

BEIJING, CHINA - MARCH 11: Chinese President Xi Jinping attend the closing of the Third Session of the 14th National People's Congress (NPC) at the Great Hall of the People on March 11, 2025 in Beijing, China. China's annual political gathering known as the Two Sessions convenes leaders and lawmakers annually to set the government's agenda for domestic economic and social development for the year. (Photo by Lintao Zhang/Getty Images)

China Raises Tariffs On U.S. Goods From 84% To 125% In Latest Trade Retaliation

China announced they are hitting back at the United States on Friday, raising tariffs on U.S. goods from 84% to 125% beginning on Saturday.