Trump's Nvidia U-Turn Spurs Talk of Bargain With China

US-China Trade Negotiations - The US administration showed a softening tone regarding trade negotiations with China [2] - There were signs that the US President aimed for a summit with the Chinese leader by the end of the year [3] - Easing export restrictions on Nvidia's chip exports to China was a positive sign for the Chinese government [3][4] - Further softening of export controls on Nvidia chips is possible [4] Potential Escalation Factors - An employee of Wells Fargo was stopped from exiting China, leading the company to advise employees against traveling to China [5][6] - China accused foreign agents of smuggling rare earths out of the country [7]