The US and China have extended their trade truce until 10 November, just hours before a jump in tariffs had been set to take effect. In a joint statement, the world’s two biggest economies said…
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Trump extends US-China tariff relief for 90 days
President Donald Trump has signed an executive order extending the pause on U.S. tariffs on Chinese goods for another 90 days, a White House official told CNBC on Monday.
Nvidia and AMD to pay 15% of China chip sale revenue to US government in an unusual agreement
NEW YORK (AP) — Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, a U.S. government official has confirmed.
Trump opens door to sales of version of Nvidia’s next-gen AI chips in China
U.S. President Donald Trump on Monday suggested he might allow Nvidia to sell a scaled-down version of its next-generation advanced GPU chip in China, despite deep-seated fears in Washington that …
Nvidia, AMD to pay U.S. government 15% of AI chip sales to China
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.
Trump reportedly signs order granting another 90-day extension on harshest China tariffs
President Trump on Monday announced the expected extension of an Aug. 12 deadline for the US and China to make a deal on trade.
Tariff Ticker: Clock Winds Down on China-US Tariff Truce
Vice President JD Vance on Sunday hinted that China could face even more tariffs if it can’t commit to halting its purchase of Russian oil.
Nasdaq scores record high ahead of China trade deadline, inflation data reveal
US stocks are mixed in choppy trade, but Nasdaq hit a record high with inflation and China trade deadline due. Bitcoin nears its record high, too.
Lithium stocks soar after world’s largest EV battery maker shutters mine in China
Lithium stocks soared in premarket trading Monday morning after the world’s largest EV battery manufacturer shuttered a crucial lithium mine in China.
10 years to the day, China’s big yuan devaluation set off shock waves – what has changed?
Lessons from the past, and an eye on the yuan’s globalisation, have helped shape a decade-long shift towards mostly market-based pricing for China’s currency.
Nvidia and AMD will give US 15% of China sales. But Chinese state media warns about their chips
Nvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for export licenses, an unprecedented quid pro quo arrangement aimed at …
Nvidia, AMD may sell high-end AI chips to China if they pay US a cut
The global AI chip race narrative used to be about U.S. national security, but apparently now it’s about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the revenue they make…
Nvidia, AMD to Pay 15% on China AI Chip Sales in US Deal
Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may…
