Trump Extends China Tariff Truce and Clarifies Gold Import Duties

Reported about 7 hours ago

President Trump has signed an executive order extending the tariff truce with China for another 90 days, while affirming that gold imports will not be subject to tariffs. This comes amid new agreements from Nvidia and AMD to pay a percentage of their revenues from AI chip sales in China to the US government as part of the administration's evolving trade policy. The extension aims to push ongoing trade negotiations into the fall, with implications for various sectors affected by the tariffs.

Source: YAHOO

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