Nvidia expects $5.5bn hit as US tightens chip export rules to China
The chip manufacturing giant, which has been at the heart of the AI boom, will require licences to export its H20 AI chip to China. Source: Original News
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Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers. Source: Original News
Trump Has Mixed Emotions Toward Japan
The president at turns praises and criticizes Japan, a U.S. ally that decades ago stirred his anger over the unequal balance of trade and his penchant for tariffs. Source: Original News
What Trump’s Meeting With Bukele Means
President Nayib Bukele of El Salvador has found a spot on the global stage by opening the doors of his prison system to President Trump. Zolan Kanno-Youngs, a White House correspondent for The New York Times, explains how Bukele, a self-proclaimed dictator, has gone from a pariah to a partner of Trump. Source: Original News
What to Know as Trump Freezes Federal Funds for Harvard and Other Universities
President Trump is trying to influence which colleges receive federal financial support, a practice that began around the time of World War II. Source: Original News
David Hogg, Parkland Survivor and D.N.C. Vice Chair, Hopes to Unseat Democratic Incumbents
David Hogg, a young liberal activist and now a vice chair of the Democratic National Committee, is leading an effort to unseat the party’s older lawmakers in primaries. Source: Original News
2 Protesters at Marjorie Taylor Greene Town Hall Are Subdued With Stun Guns
Three people, including the two who were subdued with stun guns, were arrested. Source: Original News
Trump Tariffs Could Raise iPhone Prices, But Affordable Options Remain
Even if gadget prices surge, we have plenty of cheaper options, like buying last year’s phone model instead of the latest and greatest. Source: Original News
Why Antitrust Breakups of Google and Meta Could Be Difficult
For the first time since the late 1990s Microsoft case, federal trials are weighing antitrust breakups, a tactic that harks back to Standard Oil. Source: Original News
Nvidia Says U.S. Will Restrict Sales of More of Its A.I. Chips to China
The restrictions are the first major limits the Trump administration has put on semiconductor sales outside the United States, toughening rules created by the Biden administration. Source: Original News