Articles in this Cluster
29-05-2025
Nvidia CEO Jensen Huang told CNBC that exporting AI chips to China is strategically vital for U.S. leadership in AI because China has about half of the world’s AI researchers and a massive developer base. He warned that U.S. export restrictions, which have effectively closed a $50 billion China market to U.S. chipmakers, will cost Nvidia billions in revenue and the U.S. tax income, but more critically risk ceding global influence if developers adopt non-American tech stacks. Huang said Nvidia will continue engaging with the Trump administration, arguing broad access ensures the American AI platform becomes the global standard.
Entities: Nvidia, Jensen Huang, China, AI chips, U.S. export restrictions • Tone: analytical • Sentiment: neutral • Intent: persuade
29-05-2025
China is doubling down on a manufacturing-led growth strategy under President Xi Jinping, emphasizing self-reliance in advanced sectors despite U.S. pressure to curb industrial subsidies and address trade imbalances. While the U.S. seeks more domestic high-tech production and reduced deficits, analysts see little room for a major deal and expect tariffs to remain high. China’s industrial support far exceeds U.S. levels, and although Beijing’s “Made in China 2025” missed several targets, it continues to fuel overcapacity and global trade tensions. As Chinese exporters pivot from the U.S. to other markets, the EU and G7 are gearing up for broader trade defenses, raising the risk of retaliatory measures in China. The manufacturing push may suppress global inflation via cheaper exports but threatens developing countries’ industries. Attempts to rebalance China’s economy toward consumption are lagging, with weak retail sales underscoring soft domestic demand and a record trade surplus highlighting persistent global imbalances.
Entities: China, Xi Jinping, United States, European Union, G7 • Tone: analytical • Sentiment: neutral • Intent: analyze
29-05-2025
The US delivered two major moves that threaten a fragile 90-day trade truce with China: new export controls that effectively cut off US chip-design software sales to China and a plan to “aggressively revoke” visas for Chinese students, especially in sensitive fields or with perceived Communist Party ties. Beijing condemned both steps as politicized security overreach. The software curb strikes at China’s costly push for semiconductor self-reliance, while the visa threat alarms hundreds of thousands of Chinese families and could redirect talent back to China, potentially bolstering its tech ambitions. Meanwhile, a US court temporarily blocked most of Trump’s global tariffs, including 30% on China, but the administration appealed, leaving trade prospects uncertain.
Entities: United States, China, Donald Trump, export controls, semiconductor self-reliance • Tone: analytical • Sentiment: negative • Intent: analyze
29-05-2025
CNN Business explains President Trump’s recent tariff moves using a simple analogy to clarify the complex, fast-changing trade actions. Trump has paused “reciprocal tariffs” until July, sharply raised then cut tariffs on China, and announced steep EU tariffs before delaying them. The piece highlights how these tit-for-tat measures mark the biggest US tariff escalation in a century and are creating global economic ripple effects, with the video aiming to make the impacts and shifting policies easier to understand.
Entities: President Trump, CNN Business, China, European Union, reciprocal tariffs • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
The Trump administration has paused some U.S. exports of strategic technologies to China—including jet engine components, semiconductor design software, certain chemicals, and machinery—in response to Beijing’s recent curbs on critical minerals and magnet exports to the U.S. The move escalates a supply chain standoff that threatens sectors like aerospace, autos, robotics, and chips, and complicates ongoing tariff negotiations. Commerce has reportedly suspended some licenses for sales to COMAC’s C919 program and tightened controls on EDA software from firms like Cadence, Synopsys, and Siemens. While China has partially resumed limited rare earth shipments, U.S. firms remain concerned about access. Both countries are deepening efforts to secure self-sufficiency in critical technologies, with Washington broadening tech export controls and investment restrictions, and Beijing denouncing U.S. measures while seeking alternative partnerships and licensing pathways. Secretary of State Marco Rubio also said the U.S. would aggressively revoke visas for certain Chinese students in sensitive fields.
Entities: United States, China, U.S. Department of Commerce, COMAC C919, EDA software (Cadence, Synopsys, Siemens) • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
Secretary of State Marco Rubio said the Trump administration will “aggressively revoke” visas of Chinese students, targeting those with ties to the Chinese Communist Party and those in unspecified “critical fields,” while tightening scrutiny of all Chinese applicants, including from Hong Kong. The vague criteria and scope have alarmed U.S. universities that rely on Chinese students for research and revenue, and could prompt Chinese retaliation. The move follows earlier restrictions on students linked to Chinese military institutions and comes amid broader administration actions against elite universities, including efforts to halt student visa interviews and revoke Harvard’s ability to enroll foreign students. Critics, including university leaders and former officials, warn the policy undermines U.S. scientific leadership and values. Rubio also announced visa bans for foreign officials involved in censoring Americans’ speech online. China remains a major source of international students in the U.S., though numbers have dipped as tensions rise.
Entities: Marco Rubio, Trump administration, Chinese students, Chinese Communist Party, U.S. universities • Tone: analytical • Sentiment: negative • Intent: inform
29-05-2025
Analysts warn that despite recent tariff reductions, remaining US import duties and global supply chain issues will significantly slow China’s aviation capacity growth to an average 3.1% annually through 2028, down from 15.4% pre-2019. Tariffs could add several million to over US$10 million per Boeing aircraft, prompting Chinese airlines to delay or cancel orders and contributing to delivery delays expected to remain around 25%. The pressures also risk impacting production of China’s domestic passenger jets.
Entities: Chinese airlines, Boeing, US import duties, global supply chain issues, China’s aviation capacity • Tone: analytical • Sentiment: negative • Intent: inform
29-05-2025
The SCMP’s US Economy, Trade & Business section highlights escalating trade tensions and policy shifts under President Trump. A federal court blocked his attempt to impose blanket “Liberation Day” tariffs via emergency powers, while the administration threatens up to 50% tariffs on the EU and defends China levies as leverage. Despite a 90-day US-China tariff truce, supply chains remain strained: US ports brace for volatility, China’s smartphone exports to the US hit a 2011 low, and rare earth restrictions persist. Businesses largely plan price hikes rather than absorbing tariff costs; US farmers face weak soybean sales to China but improving pork demand. Harvard sued the administration over a foreign student ban. Tech and trade ramifications deepen: Nvidia’s CEO called US AI chip restrictions on China ineffective; Alibaba.com reported a surge in US buyer inquiries post-truce; Shein and Temu intensify European pushes amid US uncertainty. China’s manufacturing proves resilient, though consumption softens. Trump’s stance affects Apple’s India plans and intersects with a pro-crypto policy pivot cheered by industry figures like Justin Sun. Europe is warned it risks becoming a “shock absorber” in the US-China rivalry without rapid adaptation.
Entities: Donald Trump, South China Morning Post, United States–China trade, tariffs, Nvidia • Tone: analytical • Sentiment: negative • Intent: inform
