From potential turning point in how temples are run in China to America letting Nvidia sell chips, here’s a round-up from today’s coverage
US President Donald Trump has signed an executive order extending by 90 days the US’s tariff truce with China, removing the risk of an immediate escalation hours before the ceasefire was set to expire, but leaving trade relations fragile.
Trump said on Monday that he had personally negotiated a deal with Nvidia chief executive Jensen Huang, letting the tech giant sell a lower-end chip in China in exchange for part of those sales revenues being paid to the US government.
Brazilian President Luiz Inácio Lula da Silva has spoken by phone with Chinese leader Xi Jinping for about an hour, in a high-level contact aimed at reinforcing ties with Brazil’s largest trading partner while confronting a sudden rupture in trade relations with the United States.
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