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Elaine Kurtenbach, Associated Press

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Elaine’s Recent Stories

Economy Aug 22

Nvidia is in talks with Trump administration about new chip for China, company’s CEO says

Nvidia CEO Jensen Huang said Friday that the company is discussing a potential new computer chip designed for China with the Trump administration.

Politics Aug 19

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

The ambitions that Lutnick confirmed in a televised interview with CNBC came the day after various news outlets reported on the negotiations between the Trump administration and Intel.

Economy Aug 01

Trump’s new tariffs lenient on some countries, while shares sink and U.S. dollar weakens

The new rates are due to take effect on Aug. 7, but uncertainty over what Trump might do next remains.

Nation Jun 09

With trade talks due to start, China says exports to U.S. fell 35% in May

China has reported its exports to the United States fell 35% in May from a year earlier, straining the economy, as trade talks with Washington were due to start in London.

Economy Jun 06

World shares are mixed ahead of Friday’s U.S. jobs report

A resilient job market has been one of the linchpins that’s propped up the U.S. economy, and the worry is that all the uncertainty created by President Donald Trump’s on-and-off tariffs could push businesses to freeze their hiring.

Politics May 12

U.S. and China reach temporary deal to reduce sky-high tariffs for 90 days, plan more talks

Stock markets rose sharply as the globe's two major economic powers took a step back from a clash that has unsettled the global economy.

Economy May 09

China’s exports to U.S. sink, offset by trade with other economies, as Trump’s tariffs hit global trade

China’s exports to the United States tumbled in April while its trade with other economies surged, suggesting that President Donald Trump's tariffs offensive is hastening a shakeup in global supply chains.

World May 07

China agrees to trade talks with the U.S. and rolls out more stimulus as tariffs hit economy

President Donald Trump's tariffs, set as high as 145 percent on imports from China, have begun to take a toll on its export-dependent economy at a time when it's already under pressure from a prolonged downturn in the property sector.

World May 02

China says it’s open to trade talks, but high tariffs remain an obstacle

“The tariff and trade wars were unilaterally initiated by the U.S., if the U.S. side wants to talk, it should show its sincerity, and be ready to take action on issues such as correcting wrong practices and canceling the unilateral…

World Apr 28

China says it has tools to protect jobs and economy from U.S. trade war

China's leaders have shrugged off the potential impact from President Trump's trade war, saying they have the tools needed to protect jobs and limit damage.

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