China, NVIDIA and Donald Trump
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The US-China deal under negotiation is likely to bear similarities to the phase one trade agreement from Donald Trump's first term, according to a former senior official in that administration - offering clues to what the highly anticipated pact may look like just weeks before a trade truce between the two rival economies is set to expire.
The AI chip giant is cheering now, but the celebration may be short.
China reported a better-than-expected economic growth as the world’s second largest economy took advantage of a trade truce with the US amid President Donald Trump’s tariff offensive.
China is stalling the exports of rare earth magnets, despite promising earlier this month to ease restrictions under a trade
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American companies in China are reporting record-low investment plans and declining confidence in profits this year.
China could block the sale of CK Hutchison’s global port facilities if it doesn’t get a stake in the deal involving a U.S. private equity firm and Mediterranean Shipping Company.
China's trade surplus surged in June, which analysts have attributed to exporters rushing to ship products before U.S. tariffs recommence.
In Geneva, officials from the United States and China are sitting down together for the first time since President Trump raised tariffs on Chinese goods to 145%. The meetings could be the first step in ending a trade war that has upset financial markets in recent weeks.
WASHINGTON, June 27 (Reuters) - The United States and China have resolved issues surrounding shipments of rare earth minerals and magnets to the U.S., Treasury Secretary Scott Bessent said on Friday, ironing out a dispute that stalled a deal reached in May.
SCOTT SIMON, HOST: In Geneva, officials from the United States and China are sitting down together for the first time since President Trump raised tariffs on Chinese goods to 145%.
In Geneva, officials from the United States and China are sitting down together for the first time since President Trump raised tariffs on Chinese goods to 145%. The meetings could be the first ...