U.S. President Donald Trump praised Nvidia CEO Jensen Huang, calling him “one of the most brilliant men” during his Investing in America address at the White House, highlighting the executive’s plans to bring large-scale AI chip production to the U.

The US is weighing a potential easing of restrictions on Nvidia Corp. sales to the United Arab Emirates, according to people familiar with the matter, who said President Donald Trump could announce the start of work on a bilateral chip deal during his upcoming trip to the Gulf.

China is leveraging its propaganda machine to hit back at U.S. tariffs, rolling out videos using Cold War imagery to lambaste "imperialists."

President Trump appeared on Wednesday to acknowledge that his high tariffs on China may lead to fewer goods on shelves and at higher prices. As economists warn that Mr. Trump's tariffs on Chinese imports will disrupt the supply chain and lead to higher prices,