Nvidia shares drop over 4% ahead of US stock market open as China retaliates with additional 34% tariff

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Nvidia shares drop over 4% ahead of US stock market open as China retaliates with additional 34% tariff

AIMPWA

April 4, 2025

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Chipmaking giant Nvidia Corp’s shares dropped more than 4 per cent ahead of the US stock market open on Friday, April 4, as China announced their retaliation move by imposing 34 per cent additional tariffs on all imports from the Western nation.

Nvidia shares dropped 6.2 per cent at $95.80 at 7:30 am (EDT) and were trading nearly 4 per cent lower at around $97 at 8:05 am (EDT) in the pre-market session, ahead of the US stock market open on Friday, April 4, according to data collected from Marketwatch.

(This is a developing story. Please check back for updates.)

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