All posts tagged: Applied Materials Inc

U.S., China discuss farm goods, managed trade in Paris talks: Reuters

U.S., China discuss farm goods, managed trade in Paris talks: Reuters

U.S. Treasury Secretary Scott Bessent gives a statement during the 56th annual World Economic Forum (WEF) meeting, at the USA House venue, in Davos, Switzerland, January 19, 2026. Denis Balibouse | Reuters Top U.S. and Chinese economic officials held “remarkably stable” talks in Paris on Sunday that touched on potential areas of agreement in agriculture, critical minerals and managed trade for U.S. President Donald ⁠Trump and Chinese President Xi Jinping to consider in Beijing, two sources familiar with the talks said. The sources told Reuters that ​the “candid and constructive” Paris talks ​led by U.S. Treasury Secretary ​Scott Bessent and Chinese Vice Premier He Lifeng would set in motion possible “deliverables” for Trump’s trip to China to meet with Xi at the end of March. But they added that the leaders would have the ⁠final say ‌on the proposals. The Chinese side showed openness to potential ⁠additional purchases of U.S. agricultural goods including poultry, beef and non-soybean row crops, one of the sources said, adding that China was still committed to buy 25 million metric …

Congress takes on Nvidia, White House in push for chip export limits

Congress takes on Nvidia, White House in push for chip export limits

Republican lawmakers are pushing to place limits on the ability of U.S. companies to sell advanced semiconductors to China — an effort that has run afoul of some key figures in the Trump administration. The effort also pits China hawks on the Hill against Nvidia CEO Jensen Huang, who has repeatedly made the pitch to lawmakers and government official that the more U.S. chips are used in China, the more U.S. companies will be a leader in the space. House Foreign Affairs Committee Chairman Brian Mast, R-Fla., is at the forefront of ensuring artificial intelligence and chips are being viewed as a national security asset — and he isn’t afraid to call Huang out directly. “The joke here is, Jensen wants us to trust the CCP,” Mast told CNBC in an interview, referring to the Chinese Communist Party. “Anybody watching this should laugh.” In the latest salvo, the House Foreign Affairs Committee advanced legislation that would allow Congress 30 days to review and block sales of advanced chips to adversarial countries — similar to the …