A new rule by the Commerce Department expands its restricted export list to include subsidiaries owned 50% or more by a company on the list
The Trump administration is considering a 25% tariff for chip-related content in imported devices, with 15% rates for electronics from Japan and the EU, sources say.
Companies across Asia and other regions making medical drugs, trucks and furniture were assessing the impact of new tariffs announced by President Trump on Thursday
Analysts say not enough information about the deal has been revealed to confirm the app will be secure – and questioned the value the White House has put on the company that will own the app
Investors snap up Alibaba shares amid enthusiasm about its AI and data centre plans, as well as the 'return' of its legendary founder
Australian mining companies have been assessing setting up plants in the US amid the Trump Administration's push to bolster its processing facilities for rare earths and other critical minerals
Trump is expected to announce the takeover of TikTok in the US this week, with confirmation that the app's algorithm is "secured, retrained and operated in the US"
Analysts say China is happy to drag out talks on the TikTok takeover, but President Xi agreed to meet President Trump in South Korea on October 31.
The move is seen as bad news for rival firms in the long term, but analysts say it could take pressure off TSMC and ease US scrutiny on foreign chipmakers
China and the US 'have larger agendas to work out,' Nvidia chief says after China's cyberspace regulator bans local firms from buying its AI chips
Chinese shareholders' stake will be cut to below 20%, while Andreessen, Silver Lake and Oracle look set to be key players in the new firm running TikTok in the US
The takeover of app's operations in the US will take 30 to 45 days, but Oracle will retain its role managing the collection of TikTok's data and software updates, CNBC has said