Tag Archives: Export

Good morning. The U.S. government’s unprecedented 15% revenue-sharing agreement with Nvidia and AMD on Chinese chip sales could be coming to a company near you. U.S. Treasury Secretary Scott Bessent called it a “beta test” in a Bloomberg TV interview yesterday, adding, “we could see it in other industries over time.” This comes at a time when new tariffs are …

Mexico Sets Tomato Export Prices to Ease Trade Spat With Trump  Bloomberg.com Mexico sets minimum export prices for fresh tomatoes  Yahoo Finance Ag commissioner: West Virginia farmers markets will ‘be more competitive’ following 17% tomato tariff  WV News Mexico’s Tomato Tariff Crisis: Navigating Agricultural Resilience in a Shifting Trade Landscape  AInvest Mexico hikes tomato export prices to dodge Trump’s 17% tariff  WION Source link

US licenses Nvidia to export chips to China, official says  Reuters US licenses Nvidia to export chips to China after CEO meets Trump  Financial Times Trump Administration Issues Licenses for Nvidia Chip Going to China  The Wall Street Journal Donald Trump is Helping China in the AI Race. Why?  Newsweek Nvidia’s set to regain some China access. But it still faces eroding AI chip …

Taylor Adam Lee, 22, of El Paso, Texas, was arrested today on charges of attempted transmission of national defense information to a foreign adversary and attempted export of controlled technical data without a license. “According to the criminal complaint, the defendant sought to transmit sensitive national defense information to Russia regarding the operation of the M1A2 Abrams, our Nation’s main …

Andrew Harnik/Getty Images The newly announced trade deal between the U.S. and the European Union contains what looks like a dramatic rebalancing of the trade relationship for autos. The EU’s automakers will pay a 15% import tax on what they send to America, while the U.S. automakers will pay nothing to the …

But experts seem to fear that Trump isn’t paying enough attention to how exports of US technology could threaten to not only supercharge China’s military and AI capabilities but also drain supplies that US firms need to keep the US at the forefront of AI innovation. “More chips for China means fewer chips for the US,” experts said, noting that …

Cadence Design Systems Pleads Guilty to Export Violation, Will Pay $140.6 Million in Settlement  The Wall Street Journal Cadence to plead guilty and pay $140 million to U.S. for China sales  CNBC Cadence Design Admits to Illegally Supplying China, Pays Fine  Bloomberg.com Exclusive: Cadence to plead guilty and pay $140 million to US for China sales  Reuters Cadence nears deal to pay over $100 …

Trump’s tariffs could upend U.S. trade with E.U., a global export power  The Washington Post Trump Tariffs: EU Is Racing to Secure US Trade Deal and Preparing for the Worst  Bloomberg.com EU to ramp up retaliation plans as US tariff deal prospects dim  Reuters Dow closes more than 100 points lower after report says Trump seeks at least 15% tariff on EU imports: …

China’s Export Growth Picks Up as Fragile Trade Truce Holds  Bloomberg China’s exports growth tops expectations in June; rare earth shipments surge 60% to record high  CNBC China’s exporters rush to beat Trump’s next big tariff deadline  Reuters China’s exports jump 5.8% in June as tariffs reprieve prompts a rush of orders  ABC News – Breaking News, Latest News and Videos China’s exports jump …