china
Dilara Irem Sancar | Anadolu | Getty Images China last week announced it was done retaliating against U.S. President Donald Trump’s tariffs, saying any further increases by the U.S. would be a “joke,” and Beijing would “ignore” them. Instead of continuing to focus on tariffing goods, however, China has chosen to resort to other measures, […]
CNN  — Nvidia is caught in the middle of an escalating trade war between the world’s two largest economies. Nvidia on Tuesday said it will take a $5.5 billion financial hit after Washington placed fresh restrictions on the export of . . .
US stocks have fallen further after Donald Trump imposed a new trade restriction on the chip designer Nvidia, rattling investors and triggering a sell-off across the semiconductor industry. The S&P 500 index dropped by about 1.3% in early trading, with the tech-heavy Nasdaq index down 2.1%. The
America’s advanced weapons manufacturers are likely to face a critical shortfall of key rare-earth minerals that they import from China as a consequence of Donald Trump’s escalating trade war with Beijing. New export licensing restrictions imposed by China on seven rare earths are like to cause disruptions in supply to more than a dozen US […]
Nvidia has said it expects a $5.5bn (£4.1bn) hit after Donald Trump’s administration barred the chip designer from selling crucial artificial intelligence chips in China, sending shares in one of the US’s most valuable companies plunging in after-hours trading. The company said in an official filing late on Tuesday that its H20 AI chip, which […]
(Bloomberg) — China wants to see a number of steps from President Donald Trump’s administration before it will agree to trade talks, including showing more respect by reining in disparaging remarks by members of his cabinet, according to a person familiar with the Chinese government’s thinking. Most Read from Bloomberg Other conditions include a more […]
US stock futures fell on Wednesday after Nvidia (NVDA) revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over President Trump’s trade policy. Futures attached to the Dow Jones Industrial Average
Nvidia said on Tuesday that the U.S. government had blocked the sale of some of its artificial intelligence chips to China without a license and would begin requiring a license for future sales. The restrictions are the first major limits that President Trump’s administration has put on semiconductor sales abroad. It raises the possibility that […]
Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters As China imposes export controls on rare earth elements, the U.S. would be unable to fill a potential shortfall, according to the Center for Strategic and International Studies — and this could threaten Washington’s […]
blinking-dotLive updatesLive updates, US says high-tech imports from China would be subject to future tariffs on semiconductors as Chinese President Xi Jinping warns there will be ‘no winner’ from a ‘trade war and tariff war’. Source link