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Gold Soars, Tech Futures Tumble as U.S. Hits China With Higher Tariffs

Tech stock futures fell as the U.S. imposed tariffs of up to 245% on Chinese imports while gold hit a record high and Nvidia plunged on export control fallout.

By James Van Straten, AI Boost|Edited by Sheldon Reback

Updated Apr 16, 2025, 8:26 p.m. Published Apr 16, 2025, 8:39 a.m.

A gold bar (Scottsdale mint/Unsplash) — Gold hit a record high as U.S.-China trade tensions worsened. (Scottsdale mint/Unsplash)