Since President Donald Trump took office in January, technology stocks have plummeted over 7% due to new tariffs sparking a trade war and increasing risk-off sentiment on Wall Street. Concerns about inflation and global shockwaves have led investors to sell off winning stocks, particularly in the S&P 500 technology sector, which fell 1% on Tuesday and is now down 7.7% since Trump’s inauguration. Leading companies like Apple and Nvidia could face higher manufacturing costs as a result of the tariffs, with Nvidia experiencing a nearly 9% drop on Monday and a total 16% decline since Trump’s presidency began.
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Obama condemns Trump’s $2.3bn Harvard funding freeze as ‘unlawful and ham-handed’ – US politics live | US news
Obama urges universities to defy federal funding pressures following Harvard's funding freezeFormer President Barack Obama criticized the Trump administration for freezing $2.3 billion in federal funds to Harvard University after it rejected demands related to alleged antisemitism and civil rights violations. Obama commended Harvard for standing against what he termed unlawful attempts to stifle academic freedom, encouraging other institutions to follow its lead. In contrast, South Korea is set to invest an additional $4.9 billion...
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