New rules will cap exports of AI chips to adversaries such as China and Russia, while allowing US companies and close allies unlimited access
Latest US probe finds China subsidized labour costs in the shipbuilding as part of plan to dominate the sector; analysts say it opens the door to tariffs by Trump
The app and its Chinese parent have maintained that selling off US operations was not possible as it would be a complicated process that would also be prohibited by Beijing
Despite the Biden Administration’s push to finalise those rules, however, their implementation will come down to President-elect Donald Trump who takes office in a little over a week
Nearly $160 billion poured into money market funds in the week to January 8, according to LSEG Lipper data
China's central bank is expected to cut rates and deploy its biggest stimulus in years to bolster its economy and soften the blow from higher US tariffs
The restructure would give creditors many options such as converting debt into cash and extending maturity. It comes ahead of a liquidation hearing on January 20.
Outgoing president to impose new rules on AI chips to prevent US companies like Nvidia supporting technological development in China and other 'adversaries.'
Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally
Declaring an emergency would allow Trump to build a new tariff programme via the IEEPA law, which authorizes a president to manage imports during a national crisis
Some analysts think Musk's close ties with incoming President Donald Trump might allow Tesla some kind of waiver from potential future restrictions on the Chinese battery giant
The incoming US president described his Chinese counterpart as a strong and powerful man, adding that they were both already communicating through aides