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International Business Times
International Business Times
Business

Stocks Struggle Again As Nvidia Chip Curb Warning Pops Calm

China's economy grew more than expected in the first quarter but officials warned it was facing pressure from US tariffs (Credit: AFP)

Asian stocks swung Wednesday after Nvidia's announcement of new US licensing rules on shipments of its new chip to China rattled investor confidence already shot by Donald Trump's sweeping trade war.

After a relatively peaceful couple of days following last week's tariff-fuelled ructions, investors were once again on the defensive as a standoff between the world's top economic superpowers shows no signs of abating.

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