Trump and Xi ease trade tensions, but Nvidia still can't sell Blackwell in China

Talks between US President Trump and Chinese leader Xi Jinping in South Korea yielded a modest thaw, with the two agreeing to trim tariffs and pause new rare-earth export curbs. But whether Nvidia can sell its latest GPUs to China remains an open question. Speaking to reporters on Air Force One, Trump said the US would reduce …

[VoiceOfTruth]

The USA can do without Canada

It can't do without China. That is a fact.

[Gary Stewart]

Re: The USA can do without Canada

"It can't do without China. That is a fact."

Only in Wayne's World. BTW, how's the beer?

[VoiceOfTruth]

Re: The USA can do without Canada

No other market is remotely large enough.

[O'Reg Inalsin]

Re: The USA can do without Canada

In 2024, Canada was the largest purchaser of U.S. goods exports, totaling approximately $356.5 billion, while exports to China amounted to about $150.4 billion. China is a huge market, but the barriers have always been high. The drop from x3 to x2.3 difference in 2024 was perceived by China as a belligerent offense.

[fromxyzzy]

Re: The USA can do without Canada

China, on the other hand, can quite easily do without America.

[Gary Stewart]

Another Trump trade "deal"

No signed agreement which means no way to guaranty or enforce the "deal" and I find it impossible to believe that anybody thinks that Trump or anybody else in his regime is in any way trustworthy. Anybody know WTF S. Korea was thinking about when they gave Moronodon I a crown? Which by the way is clearly a violation of the Constitution's emoluments clause. Well at least his views on the Constitution are consistent.

[Anonymous Coward]

Re: Another Trump trade "deal"

I'd imagine that far from a magnificent deal for America, the behind the scenes version was brutal and one sided. Xi probably pointed out that in the short term China has most of the readily available rare earths, does most of America's manufacturing, and if Trump continued his dicking around then somebody was going to suffer but it certainly wasn't going to hurt China very much.

[DS999]

He just cares about the pomp and circumstance

And the announcement. He loves announcing trade deals, even when there isn't anything on paper and they fall apart in no time like the others he has "announced".

He'll go back on it in no time the minute he finds out China is doing something he doesn't like despite the fact they've always been doing it and he's just been ignorant of it all along. Then China will retaliate, and we'll quickly end up back at square one.

But Trump is fine with that, his whole shtick is creating problems, then taking credit for a half solution to the problem he caused and his supporters are dumb enough to believe he's a genius dealmaker because they don't know he was the cause of the problem.

I'll bet all the farmers are forgetting all their pain over the past six months having no market for their soybeans and singing his praises again, and probably falsely believing China will be buying more soybeans than they did in the past. They won't, because they've made long term purchase agreements in other countries this year. Those are the agreements they will honor, because those countries aren't run by an unstable mentally deficient orange pedophile.

[Yet Another Anonymous coward]

Re: He just cares about the pomp and circumstance

All that matters is the announcement.

It's a democracy:

You announce good-thing

Your pet media reports good-thing

Voters see good-thing and like good-thing doer

Actually doing the thing is totally irrelevant

[Gary Stewart]

Re: He just cares about the pomp and circumstance

No, I've seen quite a few good agreements over the years, trade and otherwise although you are not entirely wrong about anywhere from lax to nonexistent enforcement of some agreements. On the other hand some have been adhered to without problems, all of the above mainly due to as you say the politics of the prevailing party in power looking to remain in power. Then there is the Trump regime lead by the master negotiator himself who recently proclaimed when trying to get a new "deal" that the existing trade agreement with Mexico was a complete disaster. I would bet to this day he doesn't know/remember that it was him and his previous administration that negotiated and signed it. Speaking of complete disasters.

[Yet Another Anonymous coward]

Re: He just cares about the pomp and circumstance

In his first term he tore up the no-good-evil-Clinton Nafta trade agreement and replaced it with the identical most-beautiful-most-brilliant-Trump USMCA

That is now the worst deal in American history and so Canada needs 1Billion% tariffs on the steel, aluminium, oil and gas it exports to American industry

Then the tariff was doubled because the evil Canadians showed an ad where the evil communist fake president Reagan said that tariffs were long term bad for the economy

On the plus side, Canada has (mostly) united under a more than competent new leader, is getting long delayed gas pipelines toward Europe and Asia and doing trade deals with everyone who doesn't drive pickup trucks. Truly he is a "nation builder"

[Anonymous Coward]

You mean TACO Trump eased his tariffs, after finally realising he's only hurting America, and China couldn't care less about the American market, and has already pivoted away much of the important trade to other countries.

[Yet Another Anonymous coward]

Except Fox reports and his followers believe:

He introduced tarrifs that China paid for, China has now surrendered because Trump is so tough and America won.