The bill comes on the heels of a meeting between Nvidia chief Jensen Huang and Trump, where the two discussed China exports

This is the first such indication from Beijing that it is taking concrete measures to reach a key promised outcome from a meeting between US President Donald Trump and Xi Jinping in October

Taipei could also include support to help Washington build science park infrastructure, drawing on its know-how. Any deal they reach, however, will be under the shadow of growing Chinese aggression

Chinese chip shares had a volatile day on reports that the US was considering giving Nvidia the green-light to sell its H200 artificial intelligence chips to China

Trump is trying to maintain a delicate trade truce with China, a top manufacturer of both semiconductors and devices powered by them

Samsung's announcement coincides with Seoul’s commitment to invest $350 billion in the US which has led to concerns that Korea could end up playing second-fiddle in manufacturing

Trump also lavished praise on Japan’s newly-elected PM Sanae Takaichi, the country’s first female leader who, in return, promised to nominate the US President for the Nobel Peace Prize

The US is racing to establish a rare earth supply chain separate from China following Beijing’s increasingly aggressive moves to restrict its exports of rare earths to the country

There are 17 rare earths that are vital materials in products ranging from electric vehicles to aircraft engines and military radars and exports of 12 of them are now restricted

Trump has maintained an aggressive stance with both China and India in his trade and tariff war but both countries are crucial markets for the iPhone-maker

The trade war between US and China is now ensnaring ocean shipping firms that move everything from holiday toys to crude oil

Analysts say investor mood remains fragile amid the recent round of trade uncertainty between China and the US