China's anti-monopoly probe into Nvidia comes just two weeks after it said it would support the American chipmaker's efforts ’to take root’ in the country

"They can go find another sucker," Trump said in a social media post, responding to efforts by the BRICS group of countries to build a currency alternative to the dollar

Trump's tariff threats are rattling China's industrial complex, which sells goods worth more than $400 billion annually to the US

Beijing said it 'welcomed Nvidia's continued investment in China' and that it will support the chipmaker's efforts 'to continue to take root' in the country

The Chinese tech giant's latest smartphone series, Mate 70, is equipped with a homegrown 5G chip and its own operating system HarmonyOS Next

Chinese chipmakers are racing to rival Nvidia on AI chips as increasing export restrictions by US — and its allies — slow the growth of China’s tech industry

The president-elect has said he will nominate Wall Street CEO Howard Lutnick to lead his trade and tariff strategy. Lutnick is a big proponent of tariffs, especially aimed at China

China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs

The breakthrough will remain overshadowed by the return to power of Donald Trump, who believes climate change is a hoax and aims to pull the United States out of the Paris climate agreement

The tax credit rules were aimed at lowering the US’ reliance on China's supply chains and could hurt America's hope of becoming a 'global leader' in electric vehicles, critics say

A Trump aide said the president-elect 'appreciates the breadth and reach of TikTok' and that there were 'many ways to hold China to account'

The world's top chipmaker faces limits on what chips it can make in the US at a time when the incoming Trump Administration could put increasing production-related demands on it