Latest news with #tech exports
Yahoo
31-07-2025
- Business
- Yahoo
Why TMC The Metals Company Stock Is Plummeting Today
Key Points The Trump administration is lifting restrictions preventing tech exports to China, and it's pushing TMC stock lower today. As part of a potential trade deal with China, the U.S. is trying to secure access to its rival's rare earth minerals. Access to Chinese rare earth minerals could weaken TMC's growth outlook, but the U.S. could still need its seabed mining capabilities. 10 stocks we like better than TMC The Metals Company › TMC The Metals Company (NASDAQ: TMC) stock is getting hit with a wave of sell-offs in Tuesday's trading. The company's share price is down 8.2% as of 1:30 p.m. ET, amid declines of 0.1% for both the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC). TMC's stock is under pressure today following news that the U.S. has taken a key step to help facilitate a trade deal with China. While a trade deal could help spur positive momentum for the broader market, it could wind up weakening TMC's expansion outlook. TMC stock sinks as Trump makes trade concession In order to help advance trade talks, the Trump administration has lifted export licensing requirements that effectively prevented advanced semiconductors and semiconductor manufacturing equipment from being sold to China. The White House had previously said that an earlier move to allow Nvidia's H20 processor to be sold into the Chinese market was made with hopes of securing continued access to its geopolitical rival's rare earth minerals. TMC stock has seen massive gains this year as investors have bet that the company's seabed mining capabilities could become an important part of the U.S.'s push to improve its ability to source minerals domestically and through collaborations with allies. What's next for TMC? If mineral access winds up being a central component in a trade deal between the U.S. and China, TMC stock could face some strong valuation pressures. The company is still going through the application process needed to receive regulatory approvals to begin its seabed mining operations, and there's a chance that a shift in political dynamics will remove conditions that could have aided TMC in the process. On the other hand, it's likely that the U.S. will continue to make domestic mineral sourcing a priority, even if a trade deal with China is reached. TMC's outlook remains highly speculative, and the stock is a risky play after rising more than 500% this year. However, the recent tech export news hardly suggests that its growth prospects have been torpedoed. Do the experts think TMC The Metals Company is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did TMC The Metals Company make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,046% vs. just 183% for the S&P — that is beating the market by 863.34%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $633,452!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,083,392!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why TMC The Metals Company Stock Is Plummeting Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Free Malaysia Today
28-07-2025
- Business
- Free Malaysia Today
Trump pauses export controls to bolster China trade deal
Secretary of commerce Howard Lutnick said the planned resumption was part of US negotiations on rare earths and magnets. (AP pic) WASHINGTON : The US has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said today. The industry and security bureau of the commerce department, which oversees export controls, has been told in recent months to avoid tough moves on China, the newspaper said, citing current and former officials. Reuters could not immediately verify the report. The White House and the department did not respond to Reuters' requests for comment outside business hours. Top US and Chinese economic officials are set to resume talks in Stockholm today to tackle long-standing economic disputes at the centre of a trade war between the world's top two economies. Tech giant Nvidia said this month it would resume sales of its H20 graphics processing units (GPUs) to China, reversing an export curb the Trump administration imposed in April to keep advanced artificial intelligence (AI) chips out of Chinese hands over national security concerns. 'The planned resumption was part of US negotiations on rare earths and magnets,' commerce secretary Howard Lutnick said. The paper said 20 security experts and former officials, including former deputy US national security adviser Matt Pottinger, will write today to Lutnick to voice concern, however. 'This move represents a strategic misstep that endangers the US' economic and military edge in AI,' they write in the letter, it added.
Yahoo
28-07-2025
- Business
- Yahoo
Trump pauses export controls to bolster China trade deal, FT says
(Reuters) -The U.S. has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said on Monday. The industry and security bureau of the Commerce Department, which oversees export controls, has been told in recent months to avoid tough moves on China, the newspaper said, citing current and former officials. Reuters could not immediately verify the report. The White House and the department did not respond to Reuters' requests for comment outside business hours. Top U.S. and Chinese economic officials are set to resume talks in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies. Tech giant Nvidia said this month it would resume sales of its H20 graphics processing units (GPU) to China, reversing an export curb the Trump administration imposed in April to keep advanced AI chips out of Chinese hands over national security concerns. The planned resumption was part of U.S. negotiations on rare earths and magnets, Commerce Secretary Howard Lutnick has said. The paper said 20 security experts and former officials, including former deputy US national security adviser Matt Pottinger, will write on Monday to Lutnick to voice concern, however. "This move represents a strategic misstep that endangers the United States' economic and military edge in artificial intelligence," they write in the letter, it added. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-07-2025
- Business
- Yahoo
Trump pauses export controls to bolster China trade deal, FT says
(Reuters) -The U.S. has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said on Monday. The industry and security bureau of the Commerce Department, which oversees export controls, has been told in recent months to avoid tough moves on China, the newspaper said, citing current and former officials. Reuters could not immediately verify the report. The White House and the department did not respond to Reuters' requests for comment outside business hours. Top U.S. and Chinese economic officials are set to resume talks in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies. Tech giant Nvidia said this month it would resume sales of its H20 graphics processing units (GPU) to China, reversing an export curb the Trump administration imposed in April to keep advanced AI chips out of Chinese hands over national security concerns. The planned resumption was part of U.S. negotiations on rare earths and magnets, Commerce Secretary Howard Lutnick has said. The paper said 20 security experts and former officials, including former deputy US national security adviser Matt Pottinger, will write on Monday to Lutnick to voice concern, however. "This move represents a strategic misstep that endangers the United States' economic and military edge in artificial intelligence," they write in the letter, it added.
Reuters
28-07-2025
- Business
- Reuters
Trump pauses export controls to bolster China trade deal, FT says
July 28 (Reuters) - The U.S. has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said on Monday. The industry and security bureau of the Commerce Department, which oversees export controls, has been told in recent months to avoid tough moves on China, the newspaper said, citing current and former officials. Reuters could not immediately verify the report. The White House and the department did not respond to Reuters' requests for comment outside business hours. Top U.S. and Chinese economic officials are set to resume talks in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies. Tech giant Nvidia (NVDA.O), opens new tab said this month it would resume sales of its H20 graphics processing units (GPU) to China, reversing an export curb the Trump administration imposed in April to keep advanced AI chips out of Chinese hands over national security concerns. The planned resumption was part of U.S. negotiations on rare earths and magnets, Commerce Secretary Howard Lutnick has said. The paper said 20 security experts and former officials, including former deputy US national security adviser Matt Pottinger, will write on Monday to Lutnick to voice concern, however. "This move represents a strategic misstep that endangers the United States' economic and military edge in artificial intelligence," they write in the letter, it added.
