'It's a big change, don't know how to think', US Central Bank chief warns on Trump's tariffs:

The impact of US President Donald Trump's global trade war is being felt on many industries. Donald Trump is facing criticism not only from many countries of the world but also within his own country on his tariff policy.

Meanwhile, Jerome Powell, the chairman of the US central bank, the Fed Reserve, has warned of massive inflation. The Fed chairman said that policy changes under the Trump administration have put the Federal Reserve in uncharted waters.

Inflation warning

Fed Chairman Jerome Powell warned of more inflation, saying policy changes under the Trump administration have put the Federal Reserve in uncharted territory.

In a speech in Chicago, Powell said the scale of tariff hikes announced so far by the Trump administration is "far greater than anticipated" and that uncertainty over the issue could cause lasting economic damage.

will have a profound impact on the economy

According to the data, the US economy remains in good shape. Powell noted a slowing economy, but he said that as tariffs find their way out and some of those tariffs are paid by the public, inflation is likely to rise.

Trump's trade war hits stocks again

This volatility was reflected on Wall Street, where at one point the Nasdaq fell more than four percent, the S&P more than three percent and the Dow Jones more than two percent. If we talk about specific stocks, Nvidia took the biggest blow and was at the bottom.

After Trump's war with China, America has imposed restrictions on sending semiconductor chips (H20 chips) to China, if it has to be sent, then a special license has to be taken. When Nvidia disclosed its major costs, its stock fell by more than 10 percent.