China’s Li says tariff consequences increasingly evident

Copper rose to an all-time high after China set domestic growth as its top economic priority for next year, and amid stockpiling of the metal in the US. The industrial metal climbed to $11,771 a ton, blazing past a record set in the previous session, before paring gains. The latest spike came after Beijing said on Monday it would stick with a “proactive” ...

President Donald Trump on Monday threatened to impose an additional 5% tariff on Mexico if it doesn’t immediately provide additional water to help U.S. farmers, accusing the country of violating a treaty that outlines water sharing between the neighbors. Under the treaty, Mexico must send 1.75 million acre-feet of water to the U.S. from the Rio Grande ...

I have informed President Xi, of China, that the United States will allow NVIDIA to ship its H200 products to approved customers in China, and other Countries, under conditions that allow for continued strong National Security. President Xi responded positively! $25% will be paid to the United States of America. This policy will support American Jobs, strengthen U.S. Manufacturing, and benefit American Taxpayers. The Biden Administration forced our Great Companies to spend BILLIONS OF DOLLARS building “degraded” products that nobody wanted, a terrible idea that slowed Innovation, and hurt the American Worker. That Era is OVER! We will protect National Security, create American Jobs, and keep America’s lead in AI. NVIDIA’s U.S. Customers are already moving forward with their incredible, highly advanced Blackwell chips, and soon, Rubin, neither of which are part of this deal. My Administration will always put America FIRST. The Department of Commerce is finalizing the details, and the same approach will apply to AMD, Intel, and other GREAT American Companies. MAKE AMERICA GREAT AGAIN!