Trump Says Nvidia Can Sell H200 Chip to China
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By Joe Cash BEIJING, Dec 8 (Reuters) - China's exports topped forecasts in November, driven by a surge in shipments to non-U.S. markets as manufacturers deepen trade ties with the rest of the world in light of President Donald Trump's prohibitively high tariffs.
We’re now starting to see a second China shock play out, one that looks different. This time, barred from the U.S. market by tariffs, and unable to sell enough to consumers at home, China is redirecting more of its exports to developing countries. It’s also setting up its own factories in some of these countries.
President Donald Trump will announce a $12 billion farm aid package to support U.S. farmers amid ongoing trade negotiations with China and tariff concerns.