China Escalates Tech War: US Giants in the Crosshairs

China is ramping up pressure on US tech giants as trade tensions with the Trump administration intensify. Beijing is targeting companies like Nvidia, Apple, and Google through antitrust investigations and regulatory hurdles. This retaliation comes in response to recent US tariffs and export controls on advanced semiconductors. China has also imposed export restrictions on critical minerals essential for high-tech industries. The move signals a more aggressive stance from Beijing, with potential probes into Apple's App Store practices and delays in approving major tech acquisitions. As both nations tighten restrictions, global tech firms find themselves caught in an escalating trade war with far-reaching consequences for the industry.

Sources: Wall Street Journal, Benzinga, GIS Reports, CNBC