A potential $1T China-US investment deal could reshape global economic dynamics, impacting national security, trade policies, and digital assets.
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Nvidia shares rose to a new high after US approvals opened the door for H200 chip sales to major Chinese buyers.
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Suspending the federal gas tax could offer temporary consumer relief but risks significant funding shortfalls for essential infrastructure projects.
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Concern over AI governance is not a geopolitical abstract but an unavoidable local actuality, and the U.S. may be amenable to cooperation with China despite the AI race between the superpowers.
The post US government confirms comprehensive actions on rare earths appeared on BitcoinEthereumNews.com.
The US government is moving aggressively to build out domestic rare earth production, with Interior Secretary Doug Burgum confirming that actions are being taken “across the board” on these strategically vital materials. The push comes as Washington confronts an uncomfortable reality: China controls roughly 95% of global heavy rare earth output, and the US imports nearly all of its critical mineral needs. What’s actually happening The federal response is multi-pronged and, by government standards, moving fast. The Trump administration signed executive orders in 2025 specifically aimed at accelerating rare earth production and established the National Energy Dominance Council, or NEDC, chaired by Burgum himself. The NEDC has set ambitious internal timelines. Project identification is targeted within 10 days, and site leasing within 30 days. On the financial side, the Department of E
The post Trump Approval Rating Drops Below 36%—A New Low appeared on BitcoinEthereumNews.com.
May 13Trump’s net approval rating dipped to -18.9, a record low for his second term, in Nate Silver’s Silver Bulletin polling average, following a string of surveys that show Americans have never been more negative about Trump’s job performance. Trump has a 58.1% disapproval rating and 38.5% approval rating. May 11Trump’s approval rating improved two points, to 36%, from the 34% record low it reached at the end of April in Reuters/Ipsos polling, while 63% said they disapprove of Trump’s job performance (the poll of 1,254 U.S. adults was conducted May 8-11 and has a margin of error of 3). Trump’s weekly approval rating hasn’t risen above 36% since the U.S. and Israel attacked Iran on Feb. 28, after previously hovering at around 40% since last summer. The war with Iran negatively impacts views of both Trump and Republicans: 66% of respondents, including 30% of Republicans and 73% of independents
The post Nvidia rally continues on Thursday as Trump approves H200 buyers in China appeared on BitcoinEthereumNews.com.
Nvidia (NVDA) stock is the early winner of the United States (US) President Donald Trump’s summit with China on Thursday. Shares of the AI chipmaker rose more than 2% in Thursday’s premarket. If the gains remain through the close, this will become NVDA’s seventh consecutive day of gains. President Trump’s Commerce Department approved ten Chinese firms to import Nvidia’s H200 AI chip, as well as a few other distributors in the Asian region. US Retail Sales for April fell from 1.6% MoM in March to 0.5% MoM, but that was in line with the consensus. The Dow Jones Industrial Average (DJIA) futures rose 0.9% in the premarket on Thursday, while the NASDAQ Composite futures declined 0.2%, and S&P 500 futures gained 0.3% on the news. Nvidia could boost China sales on Commerce Department clearance Nvidia has been looking to regain market share in China after several rounds of t