NVIDIA CEO Slams U.S. AI Chip Export Curbs to China
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A temporary trade truce between the world’s two largest economies has sparked a knee-jerk bounce across China’s ports and factory floors.
One example is that enforcing the US restrictions on Huawei AI chips could run afoul of China’s Anti-Foreign Sanctions Law.
General Motors halts US vehicle exports to China amid tariff tensions despite a recent 90-day pause in wrangling.
Tariffs, politics, and shifting priorities are unraveling the iPhone supply chain that once tied the US and China together.
China's CMOC Group , the world's top cobalt mining company, called on Democratic Republic of Congo last week to lift a ban on exports of the battery metal, which is currently due to expire next month,
“But now, we sell mainly to South Africa, to big brands like supermarkets. So, our sales to the U.S. have dropped a lot — to about 15%,” Xiangguang owner, Wu Qizhen, told Marketplace at a recent Shanghai trade show.
General Motors said it has "decided to restructure The Durant Guild and correspondingly optimize GM China’s operations" because of "significant changes to economic conditions."
China on Wednesday suspended curbs on exports of rare earths and other goods and technologies for military use targeting 28 US entities as part of the trade detente struck between the world’s two largest economies.
China's export growth likely slowed significantly in April, as shipments to the United States were dampened by Trump's tariffs and uncertainty over whether the world's two largest economies can strike a deal to ease the trade tensions.
In the week beginning May 12, bookings on freighters from China to US more than doubled from prior week. Read more at straitstimes.com. Read more at straitstimes.com.
The threat of disruption is growing as export bans multiply and diversification efforts face stiff hurdles, the International Energy Agency said.