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Trump exacts a price from Nvidia, AMD for AI chip sales to China
Trump exacts a price from Nvidia, AMD for AI chip sales to China

Nikkei Asia

time4 days ago

  • Business
  • Nikkei Asia

Trump exacts a price from Nvidia, AMD for AI chip sales to China

Advanced Micro Devices can export lower-performance AI chips to China in exchange for giving 15% of the revenue to the U.S. government, under a deal with the Trump administration. © Reuters RINTARO TOBITA and KOSUKE SHIMIZU August 13, 2025 01:53 JST WASHINGTON/PALO ALTO, California -- U.S. President Donald Trump's deal with chipmakers to allow exports to China in exchange for a cut of revenue looks set to boost Washington's coffers, but the security concerns that prompted the original export restrictions still remain.

Trump is 'vehicle' for post-liberal backlash: political theorist
Trump is 'vehicle' for post-liberal backlash: political theorist

Nikkei Asia

time04-07-2025

  • Politics
  • Nikkei Asia

Trump is 'vehicle' for post-liberal backlash: political theorist

Patrick Deneen says the more liberalism has succeeded, the more it has failed. (Photo by Liv Berger) RINTARO TOBITA WASHINGTON -- The rise of free market economics and the expansion of social liberation have sparked a backlash that U.S. President Donald Trump tapped into in his rise to power, said Patrick Deneen, professor of political theory at the University of Notre Dame. Deneen is the author of "Why Liberalism Failed," which has won praise from former President Barack Obama. Vice President JD Vance has cited Deneen as a major intellectual influence.

Trump says Israel and Iran have agreed to 'complete' ceasefire
Trump says Israel and Iran have agreed to 'complete' ceasefire

Nikkei Asia

time24-06-2025

  • Politics
  • Nikkei Asia

Trump says Israel and Iran have agreed to 'complete' ceasefire

U.S. President Donald Trump delivers an address to the nation at the White House on June 21, following U.S. strikes on Iran's nuclear facilities. © Reuters RINTARO TOBITA and KEN MORIYASU WASHINGTON -- U.S. President Donald Trump said that Israel and Iran have agreed to a "complete and total" ceasefire, roughly 48 hours after American forces conducted strikes on three Iranian nuclear sites. Writing on Truth Social at about 6 p.m. on Monday in Washington, the president said the ceasefire process would start in about six hours, upon which time Iran will hold fire for 12 hours. If successful, Israel will begin its ceasefire for another 12 hours, Trump explained.

US wants Asian allies to spend 5% of GDP on defense, Pentagon says
US wants Asian allies to spend 5% of GDP on defense, Pentagon says

Nikkei Asia

time21-06-2025

  • Business
  • Nikkei Asia

US wants Asian allies to spend 5% of GDP on defense, Pentagon says

The USS George Washington is seen during a trilateral exercise between the U.S., Japan and South Korea in the East China Sea in November 2024. © Reuters KEN MORIYASU and RINTARO TOBITA WASHINGTON -- America's allies in Asia should follow Europe and spend 5% of gross domestic product on defense, a Pentagon spokesperson said Friday. This marks the first time in President Donald Trump's second term that the administration has laid out a regionwide target for the Asia-Pacific region.

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