An explosion at a U.S. Steel plant south of Pittsburgh killed two people and injured 10 others. The CEO has vowed to find out ...

Donald Trump is letting Nvidia and AMD sell some chips to China — but only if they pay a 15% tax. That's the opposite of ...

President Trump is imitating the Chinese Communist Party by extending political control ever deeper into the economy.

A generation ago conventional wisdom held that as China liberalised, its economy would come to resemble America’s. Instead, ...

Excerpts from recent editorials in the United States and abroad: Aug. 8 The New York Times say Trump is letting TikTok, and China, win Not so long ago, the confrontation between the U.S. government ...

Unprecedented deals could prompt Trump administration to target other industries and goods. Read more at straitstimes.com.

After Huang promised to pay the U.S. government 15 percent of the revenue he makes from selling certain artificial ...

Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay the US government 15% of revenue from some chip sales to China.

The deal recently struck between the Trump administration and Nvidia will allow the company to obtain the export licenses and ...

The U.S. government is expected to start getting 15% of the revenues that AI chip companies like Nvidia generate from AI chip ...

The proposal is the latest direct government intervention into business and finance since Trump returned to the Oval Office ...