Nvidia expects no 'doomsday' in US vs China tensions
Nvidia chief Jensen Huang said Tuesday he does not expect a "doomsday scenario" but is readying for the worst over tension between China and the United States.
Mar 20, 2024
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Nvidia chief Jensen Huang said Tuesday he does not expect a "doomsday scenario" but is readying for the worst over tension between China and the United States.
Mar 20, 2024
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Since the first cargo of American liquefied natural gas (LNG) left a terminal on the Gulf of Mexico bound for Brazil in February 2016, US exports of the fuel have boomed. In 2023 the US was both the world's largest producer ...
Feb 12, 2024
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The Biden administration has frozen pending decisions on permit applications to export liquefied natural gas, or LNG, to countries other than U.S. free trade partners. During this pause, which will last for up to 15 months, ...
Feb 8, 2024
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China's auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday.
Jan 11, 2024
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US restrictions on advanced computer chips are forcing China's tech giants to rethink their ambitious AI-powered projects, analysts say.
Nov 17, 2023
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Shares in ASML plunged Wednesday after the Dutch tech giant posted a decline in third-quarter sales and orders, as the semiconductor industry battles headwinds from a trade spat between the West and China.
Oct 18, 2023
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The U.S. Department of Justice on Thursday sued SpaceX, the rocket company founded and run by Elon Musk, for alleged hiring discrimination against refugees and people seeking or already granted asylum.
Aug 25, 2023
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Taiwan's chip giant TSMC said Thursday it did not expect any direct effect on production from China's latest export controls on two rare metals essential for making semiconductors.
Jul 6, 2023
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US authorities on Wednesday imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said.
Apr 20, 2023
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Japan on Friday unveiled planned export controls on 23 items used to make semiconductors, following US pressure for countries to restrict China's access to the technology.
Mar 31, 2023
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The term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer". In International Trade, "exports" refers to selling goods and services produced in home country to other markets.
Any good or commodity, transported from one country to another country in a legitimate fashion, typically for use in trade. Export goods or services are provided to foreign consumers by domestic producers.
Export of commercial quantities of goods normally requires involvement of the customs authorities in both the country of export and the country of import. The advent of small trades over the internet such as through Amazon and eBay have largely bypassed the involvement of Customs in many countries because of the low individual values of these trades[citation needed]. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export. An export's counterpart is an import.
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