China, Trump and NVIDIA
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A trade war begun by President Donald Trump early in his second term led China to halt its purchases of American soybeans.
President Trump will let Nvidia sell H200 chips in China, but the U.S. government will take a cut of the revenue (in what amounts to export tax).
A White House official says President Donald Trump is planning a $12 billion aid package for U.S. farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war.
ByteDance and Alibaba have asked Nvidia about buying its powerful H200 AI chip after U.S. President Donald Trump said he would allow it to be exported to China, four people briefed on the matter told Reuters.
President Donald Trump announced a $12 billion farm aid package to support U.S. farmers amid ongoing trade negotiations with China and tariff concerns.