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Pope Francis dies and US strikes on Yemen intensify

Pope Francis dies and US strikes on Yemen intensify

The National22-04-2025
Pope Francis has died at his residence in the Vatican. US air strikes on Sanaa killed at least 12 people and wounded 30 overnight into Monday. Adnoc has signed new supply agreements with Chinese companies.
On today's episode of Trending Middle East:
US air strikes on Sanaa kill at least 12, Yemen's Houthis say
This episode features The National's Editor-in-Chief, Mina Al-Oraibi.
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Nvidia defends GPU sales to China amid criticism from Democratic senators
Nvidia defends GPU sales to China amid criticism from Democratic senators

The National

timean hour ago

  • The National

Nvidia defends GPU sales to China amid criticism from Democratic senators

Nvidia has defended itself against recent criticism over a decision by President Donald Trump's administration to grant licences to the company to sell its H20 graphics processing unit (GPU) to China. The response comes after a group of Democratic senators on Monday urged the Commerce Secretary Howard Lutnick, who largely crafts export policies, to reverse course on the licences. The lawmakers said a decision to sell H20 chips to China was "an abrupt departure" from the administration's position in April that Beijing's access to the processors posed a serious national security risk. "And it undermines the administration's recent Al Action Plan, which purports to strengthen export control efforts on Al compute,' the letter states, referring to Mr Trump's AI strategy that included 90 federal policy actions. The senators also warned that such policy reversals would bolster China's push to use AI to 'strengthen military systems'. The letter is the latest in a back-and-forth battle over how to best protect and promote US AI technology. 'The H20 helps America win the support of developers worldwide, promoting America's economic and national security,' an Nvidia representative told The National. 'It does not enhance anyone's military capabilities, and the US government has full visibility and authority over every H20 transaction.' Shortly after a trip to Beijing this month, Nvidia's chief executive Jensen Huang highlighted the Trump administration's assurances about resuming sales of the H20 to China, and said deliveries would begin soon. The H20 is designed to comply with US regulations that seek to prevent powerful AI technology from being used by countries it views as adversaries. But in recent years, and particularly during former president Joe Biden's administration, the US has sought to clamp down on the export of AI technologies to a greater degree, especially CPUs and GPUs, which have become critical for countries seeking to build up AI infrastructure. Nvidia came out in January against the stronger export controls proposed by Mr Biden, saying these undermined US leadership in AI with a 'regulatory morass'. Since his inauguration, Mr Trump has taken a softer approach to AI-related export controls. Recent deals announced with the UAE to build an AI data centre, which also included security stipulations to prevent the potential diffusion of US technology to adversarial countries, was widely seen as a win for US technology companies that have largely opposed strict export policies. Despite efforts in recent years to prevent the diffusion of US AI technology, some analysts have cast doubt on the effectiveness of the overall policy. A new report from Jefferies, an investment banking and capital market firm based in New York, indicated that strict US export policies had prompted China to recalibrate and build up its own chip-making capability, with companies like Huawei and Semiconductor Manufacturing International Corporation making strides. Regardless, in their letter to Mr Lutnick, the senators maintained that 'restricting access to leading-edge chips has been the defining barrier for China's efforts to achieve Al parity', expressing concern that the Trump administration would make further exceptions to loosen various export policies it once advocated. 'This administration is permitting adversaries access to technologies critical to national security as part of trade discussions without consultation or input from Congress,' they wrote. A spokesperson with the US Department of Commerce said Biden administration didn't impose 'any restrictions on the H20 whatsoever and they flowed freely into China,' adding that the Trump White House was the first to implement a licence requirement for the exports to Beijing. 'The Trump administration will consider any H20 licence applications carefully, accounting for both the benefits and the costs of potential exports from America and considering the views of experts across the US Government,' the Commerce Department spokesperson told The National. White House officials have recently indicated that policies seeking to prevent the export of US AI technology might ultimately backfire.

China seeks reduction of US tariffs and tech export controls
China seeks reduction of US tariffs and tech export controls

Gulf Today

time3 hours ago

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China seeks reduction of US tariffs and tech export controls

US and Chinese officials began a second day of talks in Stockholm on Tuesday to resolve longstanding economic disputes and step back from an escalating trade war between the world's two biggest economies. The meetings may not yield immediate large breakthroughs but the two sides could agree to another 90-day extension of a tariff truce struck in mid-May. It may also pave the way for a potential meeting between US President Donald Trump and Chinese President Xi Jinping later in the year, though Trump on Tuesday denied going out of his way to seek one. The delegations met for more than five hours on Monday at Rosenbad, the Swedish prime minister's office in central Stockholm. US Treasury Secretary Scott Bessent was seen arriving at Rosenbad on Tuesday morning after a separate meeting with Swedish Prime Minister Ulf Kristersson. China's Vice Premier He Lifeng also arrived at the venue. Neither side made statements after the first day of talks. China is facing an August 12 deadline to reach a durable tariff agreement with Trump's administration, after reaching preliminary deals in May and June to end weeks of escalating tit-for-tat tariffs and a cut-off of rare earth minerals. Without an agreement, global supply chains could face renewed turmoil from US duties snapping back to triple-digit levels that would amount to a bilateral trade embargo. The Stockholm talks follow Trump's biggest trade deal yet with the European Union on Sunday for a 15 per cent tariff on most EU goods exports to the United States, and a deal with Japan. The Financial Times reported on Monday that the United States had paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support Trump's efforts to secure a meeting with Xi this year. Trump pushed back against suggestions he was seeking a meeting with Xi. 'This is not correct, I am not SEEKING anything! I may go to China, but it would only be at the invitation of President Xi, which has been extended. Otherwise, no interest!' he wrote on Truth Social. Meanwhile, in Washington, US senators from both major parties plan to introduce bills this week targeting China over its treatment of minority groups, dissidents, and Taiwan, emphasizing security and human rights, which could complicate the talks in Stockholm. Taiwan President Lai Ching-te is also set to delay an August trip his team had floated to the Trump administration that would have included stops in the United States, sources familiar with the matter told Reuters on Monday. The potential visit would have infuriated Beijing, possibly derailing the trade talks. China claims Taiwan as its own territory, a position Taiwan rejects, and denounces any show of support for Taipei from Washington. Previous US-China trade talks in Geneva and London in May and June focused on bringing US and Chinese retaliatory tariffs down from triple-digit levels and restoring the flow of rare earth minerals halted by China and Nvidia's H20 AI chips, and other goods halted by the United States. Among broader economic issues, Washington complains that China's state-led, export-driven model is flooding world markets with cheap goods, while Beijing says US national security export controls on tech goods seek to stunt Chinese growth. Bessent has already flagged a deadline extension and has said he wants China to rebalance its economy away from exports to more domestic consumption − a decades-long goal for US policymakers. Analysts say the U.S.-China negotiations are far more complex than those with other Asian countries and will require more time. China's grip on the global market for rare earth minerals and magnets, used in everything from military hardware to car windshield wiper motors, has proved to be an effective leverage point on US industries. China stocks ended higher on Tuesday as a new round of Sino-US trade talks continued, while the Hong Kong benchmark declined with some investors booking profits near the month-end. China's blue-chip CSI300 Index and the Shanghai Composite Index reversed morning session's losses, closing up 0.39 per cent and 0.33 per cent, respectively. Hong Kong benchmark Hang Seng dropped 0.34 per cent, while Hang Seng Tech fell 0.35 per cent. Market sentiment cooled slightly as investors awaited details from the ongoing US-China trade talks that started on Monday in Stockholm. China faces an August 12 deadline to reach a durable tariff agreement; both China and US are expected to push for an extension of the trade truce. 'A truce extension would calm markets... a confrontational tone or vague outcomes could reignite fears of renewed tariffs down the line, resulting in a risk-off sentiment,' Charu Chanana, Saxo chief investment strategist, said in a note on Tuesday. Reuters

The 3 rd conference on peace and development for the horn of Africa opens at Four Points hotel, Kampala
The 3 rd conference on peace and development for the horn of Africa opens at Four Points hotel, Kampala

Zawya

time5 hours ago

  • Zawya

The 3 rd conference on peace and development for the horn of Africa opens at Four Points hotel, Kampala

The Conference in an initiative of the People's Republic of China and brings together regional countries in the Horn of Africa—Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda. Also participating are delegations from the United Nations, International Conference on the Great Lakes Region (ICGLR), Inter-Governmental Authority on Development (IGAD) and the East African Community (EAC). The Conference was officially opened by Hon. John Mulimba, Minister of State for Foreign Affairs (Regional Affairs). He thanked the Government of the People's Republic of China for the strong cooperation with Africa to promote peace and sustainable development, through the Global Security Initiative which has contributed meaningfully to the international discourse on collective security. He appreciated China's approach to regional peace and development which focuses on dialogue, respect for national sovereignty and comprehensive approaches to conflict. H.E. Mr. Xue Bing, China's Special Envoy for the Horn of Africa Affairs, represented the Government of the People's Republic of China and thanked the Government of Uganda for hosting the Conference. He reiterated China's commitment to actively engage with regional countries in various initiatives that promote peace and development. He said China will continue to strengthen cooperation with Africa in areas such as military assistance and trade, counter-terrorism, landmines eradication and military personnel training to jointly maintain security and stability in the region. Mr. Xue Bing said China's engagement with the region on peace and development will be anchored on three pillars: first, the need to uphold dialogue for peace and safeguard universal security; secondly, the need to explore the potential for cooperation and realize common prosperity; and third, the need to deepen exchange of experience in governance and safeguard international justice and fairness. Recognizing the role of economic cooperation in promoting peace and development, China is ready to negotiate and sign the Agreement on China-Africa Economic Partnership for Shared Development. China will also expand the zero-tariff treatment for 100 percent tariff lines to 53 African countries. China will also encourage more Chinese Enterprises to invest in the region, increase the added value of their products and localization to boost economies and create jobs. During the Conference, delegates will review the achievements of FOCAC and discuss related issues such as connectivity and infrastructure; development cooperation and industrial development; climate resilience and food security' as well as multilateralism and global governance. Distributed by APO Group on behalf of The Republic of Uganda - Ministry of Foreign Affairs.

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