Risk Aversion Is for Capitalists: How Tariffs Shaped Communist Economies

Look at the countries and multinational corporations that have made public appearances with Chinese officials post–Liberation Day. Is that necessary—especially if you’re saying one thing to the White House?

Let’s say NVIDIA takes a $5 billion write-down. Where do the majority of their sales still come from?

• Over 50%—and growing—of their sales come from th…