The US extends tariff suspension on Chinese mining hardware imports by 90 days, offering temporary relief for the crypto industry.
BUSINESS
Trump delays China tariffs another 90 days, extending trade truce hours before deadline
President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies. Trump posted on his …
Trump Admin Steps Up Scrutiny Of Electronic, Solar Imports Over Chinese Slave Labor Concerns
The Trump administration since June has ramped up detentions of electronics, reportedly including components for solar panels, over possible links to forced labor in China, according to data from the …
US and China extend trade truce another 90 days, easing tension between world’s largest economies
President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies. Trump posted on his …
Oil gains as US-China tariff pause extension boosts trade hopes
Aug 12 (Reuters) – Oil prices rose on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would disrupt their economies and …
Trump extends China tariff deadline by another 90 days
Another pause likely means continued uncertainty as the president’s sweeping tariff regime enters its fifth month.
Trump postpones China tariff deadline 90 days after touting ‘very good’ relationship with Xi
Treasury Secretary Scott Bessent participated in trade negotiations with China in May that resulted in a deal to temporarily ease up on strict tariffs imposed in April for 90 days.
Nvidia caught in US-China chip war
Technology Technology The Big Story Nvidia navigates choppy US-China relationship Nvidia is navigating an increasingly tenuous relationship between the U.S. and China, as
Trump says he wanted 20% cut of Nvidia’s China sales, but Jensen Huang begged for 15%
Donald Trump said on Monday that he started negotiations with Nvidia, demanding a 20% cut of its sales to China, but agreed to 15% after CEO Jensen Huang
Nvidia, AMD to pay U.S. government 15% of China AI chip sales in an unusual export agreement
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.
Nvidia Nears 52-Week High As AI Frenzy, China Chip Export Deal Drive Momentum
Nvidia Corp. (NASDAQ:NVDA) traded Monday just shy of its 52-week high of $183.88, driven by ongoing artificial intelligence optimism and a major resolution in its China chip export dispute. The …
U.S. will get a 15% cut of Nvidia and AMD chip sales to China under a new, unusual agreement
Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, President Donald Trump confirmed at a press conference on Monday …
Trump pushes back China tariff deadline yet again, says gold won’t be hit
President Trump has signed an executive order extending the freeze on high U.S. tariffs against Chinese goods for 90 more days, according to a White House
