In this issue of Forbes Daily:- Federal Reserve Chair Jerome Powell will give final Jackson Hole speech today- The U.S. and European Union revealed details of a trade deal- Why Trump’s net worth soared by half a billion dollars ThursdayRead more: https://t.co/jF8YzGngvc https://t.co/60jbFTEukt ...

Beijing and Washington are discussing a trade deal that could include fresh orders totaling hundreds of Boeing jets https://t.co/VV39mNOSwv ...

🇺🇸 🇪🇺 U.S. AND E.U. HAVE DONE A TRADE DEAL FOR 15% TARIFFS AND $750 BILLION INVESTMENT PACKAGEBULLISH FOR MARKETS 🚀 https://t.co/ZXRp6JoX8x ...

I want to talk about this line in your story that this is contingent on the two nations diffusing the trade hostilities that hark back to Trump's first term in office. That feels like a pretty big if. It is a pretty big if.And I mean, obviously, aircraft deals have become a huge part of Trump's diplomacy efforts. And so every trade deal that he struck, we've seen an aircraft component in it. And so this would also be one of those deals or anything. This would be a far bigger and far bigger defining sort of ...

Trade Agreement Overview - US and EU reveal details of a trade deal [1] - The deal covers how tariffs will affect cars, drugs and other goods [1] Tariff Impact - Tariffs on specific goods, including cars and drugs, will be affected [1]

🇺🇸🇪🇺 TODAY: US and EU release joint trade deal statement.• EU drops tariffs on US goods• US caps EU auto & tech tariffs at 15%• $750B in EU energy purchases• $600B in US investments by 2028 https://t.co/UbSuJH9ZWV ...

JUST IN: 🇺🇸🇪🇺 United States announces trade deal with European Union, imposing 15% tariffs and $750 billion investment deal. ...

Trade Agreement - UK Prime Minister Keir Starmer announced a trade deal with US President Donald Trump [1] - The deal includes a reduction in US tariffs on British steel to zero [1] Industry Impact - The announcement was made at a Jaguar Land Rover factory [1]

From @WSJopinion: Macron is agitating for European retaliation against Trump’s tariffs, but how about he approve a big trade deal instead? https://t.co/87JUbBfS9y ...

US-China Trade & Technology Dynamics - The US government's decision to allow NVIDIA and AMD to sell AI semiconductors into China involves a potential 50% revenue cut, benefiting NVIDIA and China, but potentially hindering US technological advantage [2] - China is urging its domestic firms not to use NVIDIA's H20 chips, aiming to protect its domestic semiconductor industry [1][5] - China's domestic AI chip capabilities are estimated to be a couple of years behind NVIDIA's H20 chip in terms of inference capabilities and running AI applications [3] - The US-China trade deal is becoming increasingly complex, with rare earth metals and other chips potentially used as leverage [9] NVIDIA's Position - NVIDIA needs to balance pleasing both the US and China, which is proving difficult [11] - China is a very important part of NVIDIA's business, representing billions of dollars in revenue, with potentially billions more at stake [10] - Restrictions on the H20 chip could lead to NVIDIA writing off billions of dollars [11] Strategic Implications - The US's decision to allow AI chip sales to China doesn't seem to warrant the dramatic change in national security policy, given existing concerns over exporting these chips [7][8] - China may restrict the sale of NVIDIA's chips to gain leverage in trade negotiations with the US [10] - The US may not be a winner in the deal, despite Trump's deal-making reputation [6][7]