Nvidia shares’ 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
BUSINESS
Trump Commerce pick slams China: ‘Stop using our tools to compete’
Howard Lutnick, Trump’s nominee to lead the Commerce Department, slammed China for allegedly using U.S.-manufactured technology to compete with American artificial intelligence (AI) firms …
Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs
President Donald Trump’s nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,
How China could retaliate against Trump’s tariffs
China is President Donald Trump’s prime target for a trade war — again. But China already put its boxing gloves on. In his first term, Trump slapped high tariffs on a range of Chinese goods.…
Anthropic CEO doesn’t see DeepSeek as ‘adversaries,’ but says export controls are critical
Anthropic CEO Dario Amodei said in a blog post on Wednesday that while China’s DeepSeek aren’t “adversaries,” the U.S. must implement control exports.
What China wants from Trump
China’s Xi JInping will attempt to use Donald Trump’s penchant for transactional deal making in order to avoid new export restrictions and support for Taiwan.
China boosts Australia wine exports amid declines elsewhere
The growth in export value was largely driven by a surge in shipments to mainland China, following the removal of tariffs on Australian bottled wine at the end of March last year.
As Trump’s tariffs loom, analysts say China is better prepared than ever for a trade war with the U.S.
Trump calls tariffs America’s “big power over China,” but analysts say Beijing may be better prepared than ever to engage in a trade war with the U.S.
Billionaire investor Ray Dalio says this will be China’s play in the AI tech wars
Bridgewater founder Ray Dalio talked about DeepSeek, the tech wars, and large-scale AI companies like Nvidia in a recent podcast interview.
Axios Business Reporter breaks down U.S. tech giants’ response to China’s A.I. tool
Wired Wednesday is here, and Bay Area tech is still feeling the aftershocks! Now, all eyes are on how U.S. tech companies will bounce back. Axios Business Reporter Nathan Bomey joined Gianna Franco to …
Commerce Nominee Defends Trump Tariffs and Promises Strong Stance on China
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his financial ties in a nomination hearing …
Trump ponders further restrictions on Nvidia exports to China: report
The Trump Administration is considering further restrictions on Nvidia (NASDAQ:NVDA) exports to China, according to a report by Bloomberg on Wednesday. The updated restrictions would expand to cover …
China enhances position as Central Asia’s economic overlord
By Eurasianet Top Trump Administration officials have set countering China’s growing global influence as a top foreign policy priority. In Central Asia, US officials will face an uphill struggle in …
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