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X @Bloomberg
Bloomberg· 2025-07-03 09:32
The Trump administration has lifted export license requirements for chip design software sales in China, implementing a trade deal to ease some restrictions on essential technologies.: Here is your Evening Briefing. https://t.co/Ak8RUggdSD ...
US Lifts Chip Design Export Curbs on China
Bloomberg Television· 2025-07-03 05:40
What's the significance of this backflip. Well, it's a really interesting one, actually, because I think you need to put it in the context of exactly how long it was in place. I mean, it was only at the end of May that US officials sent out these letters to two leading chip design software firms and asked them to stop selling their technology to China.But just this morning we had the announcement from Siemens. They led the charge, of course, the German company, by putting out a statement and saying that, in ...
X @Bloomberg
Bloomberg· 2025-07-03 00:49
BREAKING: Siemens says the US has lifted export restrictions on chip design software for China https://t.co/fwz4nObyb7 ...
X @Bloomberg
Bloomberg· 2025-07-03 00:40
Siemens has received a notice from the US government saying that Washington has lifted export restrictions on chip design software for China https://t.co/AHS85UvJpS ...
Treasury's Faulkender: Vietnam trade deal a huge win for the American farmer
CNBC Television· 2025-07-02 18:41
As mentioned, Deputy Treasury Secretary joins us now from the White House, Michael Falender. It's a pleasure to have you here. Welcome.Great to be with you this afternoon. So, with Vietnam, can you tell us is that 20% now the new level or is it 20 on top of the existing rates, so brings us to kind of 30 30-ish and change. So, yeah, thanks for having me.We're still putting together the the press release that we're going to that the US trade representative is going to be putting out that provides all of those ...
Gutierrez: Reciprocal tariffs are likely on some countries this July
CNBC Television· 2025-07-02 11:14
So, what do you make of this. We're about one week away. You were very confident earlier this year this would all be resolved sometime around now. You said sometime around the middle of the year.What do you think of the progress we've seen so far. Well, I continue to think that the back half of the year a lot of this will be resolved. But where we are today and you know the the question is why haven't we had more deals.July 9th is coming up and and we really have only had the UK, right. And with China we've ...
X @Bloomberg
Bloomberg· 2025-07-02 10:10
Taiwan has formed a task force to help exporters and small- and medium-sized enterprises mitigate the impact of the local dollar’s sharp appreciation, reflecting growing concern about a surging currency https://t.co/o4FY4OxaW8 ...
X @The Economist
The Economist· 2025-07-02 04:13
The “Drum Tower” film club returns this week with “Journey to the West”—better known as “The Monkey King”. Why is it one of China’s most successful cultural exports? Listen to “Drum Tower” https://t.co/bCKj6Jo8v5 ...
X @Bloomberg
Bloomberg· 2025-07-01 14:22
Russia’s crude exports failed to recover from the near-two-month low seen last week. With crude prices tumbling again, that's bad news for the Kremlin's war chest, writes @JLeeEnergy https://t.co/ELzaIyXaGy ...
Vietnam looks for a plan B as tariff threat looms | FT #shorts
Financial Times· 2025-07-01 04:04
US President Donald Trump's trade policies and escalating tensions between the US and China have underscored the vulnerability of Vietnam's economy. Hanoi's recent economic success has been driven primarily by exports to the US and surging investments from companies fleeing China. However, its China plus one success has backfired as Trump takes issue with trading partners with large surpluses with the US.Vietnam has the third largest surplus after China and Mexico, and it was hit with a 46% tariff rate on T ...