Trump Approves Exports to China
US markets saw a rise in shares of Nvidia,
the technology and artificial intelligence giant, on Tuesday.
The stock climbed by more than 2%.
This rise is attributed to US President
Donald Trump's approval of Nvidia's H200 chips exports
to China, which propelled the stock to a significant increase.
President Trump stated that Nvidia could export to China,
but only to trusted customers.
Other conditions were not disclosed.
The Chinese president expressed his satisfaction with this development,
and optimism regarding recent developments between the two countries.
According to reports, tariffs are expected to be imposed
on these chips exports to China, reaching 25% instead of 15%.
