Trump Seeks Tougher Chip Controls On China To Curb Advancements Asian main equity indexes declined on Tuesday, pressured by a mix of broad risk-off sentiment, US equity degrossing, unfavorable seasonality trends, some technical factors, and profit-taking. Fresh concerns over President Trump’s ‘America First’ policies further weighed on sentiment. A report last weekend indicated that the Trump administration directed the Committee on Foreign Investment in the US to restrict Chinese investments in strategic sectors to safeguard national security interests. However, this note focuses on a new Bloomberg report detailing Trump’s efforts to curb China’s chip advancements as AI enthusiasm erupts in the world’s second-largest economy… — Continue at ZeroHedge News : Read More
