Trump’s tariffs, Walmart’s DEI rollback, and Elon Musk’s Nvidia chips: Business news roundup

For many of America’s top business and finance leaders, backing Trump in his quest to return to the White House was a straightforward financial investment that in some cases is already paying off handsomely. It’s not unusual for presidents to hand out diplomatic posts to — and make policy to benefit — their supporters. What happens next could be at another level.

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