Beijing urges local companies to avoid using Nvidia’s H-20 processors, complicating the chipmaker’s attempts to get back billions in lost China revenue. It comes after the company agreed to an unusual arrangement with the Trump administration to give the US government a 15% cut of the related revenue.
The new guidance came just hours after President Trump signed an executive order extending the tariff truce with China for another 90 days.
EU leaders and Ukrainian President Volodymyr Zelenskiy plan to hold a call with US President Donald Trump, who is downplaying the chances of a breakthrough with Vladimir Putin at their upcoming summit.
Today’s guests: Mohit Kumar, Chief Europe Economist at Jefferies, Yu Jie, Fellow at Chatham House, Aldo Spanjer, Head of Energy Strategy at BNP Paribas Markets 360.
Chapters:
00:00:00 – The Pulse With Francine Lacqua
00:00:51 – Trump Extends China Tariff Truce
00:02:45 – China Fears Nvidia Chips Use Location Tracking
00:04:27 – Mohit Kumar, Chief Europe Economist at Jefferies
00:11:52 – Musk Accuses Apple of Favoring OpenAI
00:15:33 – Trump: ‘We’ve Been Dealing Very Nicely With China’
00:17:35 – Yu Jie, Fellow at Chatham House
00:21:04 – Soybean Prices Fall on US-China Trade Truce
00:24:01 – Trump and Putin Set to Meet in Alaska on Friday
00:29:28 – Oil Focus on US-China Trade & Trump-Putin Meeting
00:30:43 – Aldo Spanjer, Head of Energy Strategy at BNP Paribas Markets 360
00:43:43 – Higher Taxes Weighing on UK Growth
00:44:14 – UK Job Vacancies Tumble
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