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Markets tick up as Elon Musk blasts Trump tax bill as 'disgusting'


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Published in Stocks and Investing on by Fortune   Print publication without navigation

Stocks rose ahead of a potential meeting between Trump and Xi Jinping.

The article from Fortune, dated June 3, 2025, discusses the impact of former President Donald Trump's policies on the stock market, particularly focusing on tech giants like Tesla and Nvidia. It highlights how Elon Musk's Tesla has benefited from Trump's renewed focus on domestic manufacturing, while Nvidia faces challenges due to increased tariffs on Chinese imports, a move influenced by Trump's trade policies against China. The piece also touches on the broader market sentiment, noting a mixed response with some sectors thriving under the new economic environment, while others struggle. Additionally, it mentions Xi Jinping's reaction to the tariffs, indicating a potential escalation in U.S.-China trade tensions.

Read the Full Fortune Article at:
[ https://fortune.com/2025/06/03/trump-stocks-market-musk-nvidia-china-xi-jinping-tariffs/ ]

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