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Chinese leader Xi Jinping said officials should not only be assessed by the economic growth rate, but also their achievements in ensuring people’s well-being and maintaining stability.

“Apparently [China doesn't] want them, and I think the reason for that is they want semiconductor independence,” White House AI czar David Sacks said in an interview on Bloomberg Tech.

Mexico’s Congress is set to vote this week on President Claudia Sheinbaum’s proposed tariffs on China, part of a broader plan to shield local producers and ease trade tensions with the U.S.

President Trump granted Nvidia, America’s most-valuable company, permission Dec. 9 to export its high-end H200 chip to China, watering down years of U.S. national security safeguards.

Bloomberg previously reported that after a series of orders placed in late October — the first of this season — China’s purchases of American soybeans appeared to have stalled. 

While China's shipments to the U.S. plummeted 29% in November, strong growth in sales to regions like the European Union and Africa more than offset the slump.

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer held a video call with Chinese Vice Premier He Lifeng on Dec. 5, according to China’s state-run news agency Xinhua. 

The so-called GAIN AI Act would require chipmakers to give American customers first dibs on their powerful AI chips before selling in China and other arms-embargoed countries.

The group of trailer OEMs, which calls itself the American Trailer Manufacturers Coalition, comprises Great Dane, Stoughton Trailers and Wabash.

China is home to more than 90% of global rare earths and permanent magnets refining capacity, compared with just 4% for second-place Malaysia, according to the International Energy Agency.