Trade restrictions

The former U.S. Treasury Secretary, Robert Rubin, has warned U.S. lawmakers about the potential risks of imposing excessive trade restrictions and tariffs on China. What Happened: Speaking at the Bund Summit in Shanghai via video link, Rubin urged for a cautious approach to tariffs, warning against...

The United States faced backlash from China for adding several Chinese entities to its export control list of 105 firms. This move is seen as an attempt to restrict Russia’s access to advanced U.S. technology. What Happened: China has expressed strong opposition to the U.S.’s decision...

The governments of Russia and China are reportedly planning to initiate barter trading systems. This move is seen as an effort to avoid banking systems that are under the surveillance of the United States. What Happened: Anonymous sources involved in bilateral trade informed Reuters that both...

China firmly opposed the U.S. adding 37 Chinese firms to a trade restriction list over national security concerns. What Happened: The entities were blacklisted for making drones for the Chinese military and shipping controlled items to Russia, Reuters reported on Friday. Chinese spokesperson Lin...

Nvidia Corp. (NASDAQ:NVDA), which has emerged as the AI stalwart, is planning aggressive expansion into Vietnam. What Happened: Nvidia is looking to expand its partnership with top tech firms in Vietnam, said CEO Jensen Huang at an event in Hanoi on Monday, Reuters reported. Huang was visiting the...

Top executives from major U.S. chip companies have advised Biden officials to carefully assess the consequences of export restrictions to China and suggested pausing before implementing any new measures. What Happened: During meetings in Washington last week, Intel Corporation's...

Brokerage firms were taking steps Wednesday morning and afternoon to restrict trading in highly volatile names, especially GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC). Government And Regulators On Volatility: White House Press Secretary Jen Psaki said the Biden...

QUALCOMM, Inc. (NASDAQ: QCOM) and Cisco Systems, Inc. (NASDAQ: CSCO) are in for some negative headwinds, according to a recent JPMorgan research note. Due to forthcoming exportation trade restrictions by the United States against China's ZTE CORP ‘H'CNY1 (OTC: ZTCOF) (SHE: 000063) (HKG: 0763), a...