China Promises Support to Brazil in Protecting Its ‘National Sovereignty’ from Trump
During a conversation on Monday, China’s leader Xi Jinping expressed support for Brazil’s President Lula da Silva, specifically regarding Brazil’s “state sovereignty” in trade negotiations with the United States. Xi also agreed to assist Lula in forming a global coalition aimed at addressing unilateral protectionist measures. Although the discussion was relayed through China’s state news […]
China Arrests Diplomat with U.S. Ties and Potential Foreign Minister
In early August, the Chinese government made a surprising move by quietly arresting senior diplomat Li Jianchao, who was considered a strong contender for the next foreign minister. If verified, this could mark one of the highest-level purges in China’s diplomatic sector in years, raising eyebrows over Liu’s sudden removal. Liu, 61, led the international […]
Italian Athlete Discovered Deceased During ‘World Games’ Event in China
Mattia Devertaris, Italian Orienteering Athlete, Passes Away Italian orienteering athlete Mattia Devertaris has sadly passed away at the age of 29. He was found unconscious during an orienteering event on August 8, and died four days later, as announced by the World Games organizers and the International Orienteering Federation (IOF). The World Games, which occur […]
US and China prolong tariff pause by 90 days, avoiding increase in duties
On Monday, the U.S. and China agreed to extend their temporary tariff ceasefire for another 90 days, which is important as U.S. retailers gear up to boost inventories for the holiday shopping season. President Trump took to his social media platform to share that he signed an executive order to pause the implementation of increased […]
Trump Again Extends Tariff Deadline for China
Trump Delays Tariffs on Chinese Goods On Monday afternoon, President Trump took the step of signing an executive order to postpone the implementation of tariffs on Chinese products for another 90 days. This decision came just before the tariffs were set to start. There had been several meetings recently, with both nations discussing possible agreements […]
Trump supports taking a 15% share of Nvidia and AMD chip sales to China
Trump Defends NVIDIA and AMD’s Deal with China Former President Donald Trump stood by a contentious agreement that enables NVIDIA and AMD to bypass certain export restrictions related to 15% of their revenue from China. “No, this is an old chip that China already has,” Trump remarked on Monday, referencing NVIDIA’s H20 processor. He added, […]
China and Russia can undermine Trump’s negotiations.
President Trump is planning to meet with Russian President Vladimir Putin possibly this week in Alaska. The main agenda is Trump’s goal to put an end to the ongoing war in Ukraine and the associated violence. Despite previous promises made by Trump during his campaign, like resolving this quickly, it seems that 24 hours might […]
Trump Administration Discusses Agreement for Nvidia and AMD to Contribute 15% of China Chip Sales to U.S. Government
Chip Sales Agreement Between Nvidia and AMD Chip manufacturers Nvidia and AMD have reportedly reached an agreement with the US government to remit 15% of their revenues from chip sales in China. This deal was part of negotiations aimed at obtaining export licenses from the Trump administration. According to sources close to the matter, including […]
Nvidia and AMD chip sale profits shared 15% with the US government for China
Nvidia and AMD Revenue Sharing Agreement with U.S. Government Nvidia’s CEO, Jensen Huang, has expressed admiration for President Trump’s stance on artificial intelligence, offering a glimpse into future expectations in a recent report. According to reports, both NVIDIA and AMD have come to an agreement to allocate 15% of their AI chip sales revenue to […]
Intel’s CEO Lip-Bu Tan to meet with White House during China relations dispute
Intel CEO Under Fire Following Trump’s Call for Resignation Rep. Pat Harrigan from North Carolina has voiced strong concerns during a recent oversight hearing regarding Intel CEO Rip Beau Tan. This follows President Donald Trump’s demand that Tan resign in light of his connections to China, particularly during his association with former President Biden’s advisor, […]