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, […]
Chikungunya Virus Carried by Mosquitoes in China Raises Concerns of an Outbreak in the U.S.
The Chikungunya Virus Raises Concerns in China and the US The Chikungunya virus, which is spread through mosquito bites, is currently making headlines in China, raising concerns about its potential spread to the United States. On Wednesday, the U.S. Centers for Disease Control and Prevention (CDC) issued a Level 2 warning following reports of an […]
Villagers in China Say They Were Not Warned Before Severe Flash Floods
Villagers in Southern China Seek Support After Devastating Floods Residents of a village in southern China, Pintu Guangdong, are expressing frustration over inadequate government assistance following severe flash floods that have inflicted significant damage. These floods are being characterized as the worst in decades, having devastated homes, inundated roads, and destroyed farmland. The local government […]
Putin showcases relations with India and China before upcoming Trump meeting
On Friday, Russian President Vladimir Putin reached out to leaders in India and China just before a scheduled meeting in Alaska on August 17th. Putin contacted Indian Prime Minister Narendra Modi and Chinese President Xi Jinping, amid developments concerning trade relations. Trump indicated that a peace agreement must be sought, or else “secondary tariffs” could […]