News & Reviews:   Trump administration

The administration of Donald Trump is reportedly planning to invite several major American business leaders to accompany the president on an upcoming visit to China. According to reports, executives from companies including NVIDIA, Apple, ExxonMobil, Boeing, and Qualcomm are among those expected to receive invitations.

As President Trump continues to impose restrictions with his tariffs, his administration recently announced of considering major changes to a Biden-era rule. This includes potentially removing the current tier-based system that governs how many chips countries can receive.

It looks like the US government is now after Xiaomi for the same reason that they imposed a trade ban on HUAWEI. Earlier, it was reported that US individuals or companies are not allowed to invest in the Chinese tech company anymore as it was added to the blacklist of companies suspected of having ties to the ruling Chinese Communist Party. However, the good news has arrived today with an official statement from Xiaomi claiming that the restriction has now been removed.