Since the US first announced reciprocal tariffs in early April 2025, President Donald Trump has frequently delivered “surprises” to the global market over nearly four months. Recently, he took to social media to publicly criticize Intel CEO Lip-Bu Tan, demanding his immediate resignation. He also called on companies like Nvidia and AMD to hand over to the US government 15% of their revenue from sales of specific AI chips to China, sparking a new round of market turmoil.