Nvidia and AMD have reached a special agreement with the Trump administration to restore chip exports to China, agreeing to hand over 15% of the sales revenue of H20 and MI308 chips specially supplied to the Chinese market to the US government.
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In an era of increasingly fierce competition in the global tech industry, Meta Platforms and Tesla, two highly influential companies, have recently made frequent moves in corporate financing and business expansion, attracting widespread market attention.
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Last year, due to factors such as high temperatures and heavy rain in summer, the wholesale price of Chinese cabbage soared to 8,900 Korean won per plant, which was dubbed "Golden Cabbage" by the media.
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Mercedes Benz announced that it will temporarily suspend the delivery of EQ series electric models to the US market from September 1st, and will simultaneously lower the prices of 2026 EQE and EQS models by 4% -16%.
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In 2025, US President Trump once again brandished the tariff stick, announcing a 100% tariff on all imported chips and semiconductors, with exemptions only granted to companies that committed to building factories in the United States.
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On August 1st, the economic and trade negotiations between South Korea and the United States reached an agreement.
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US President Trump officially signed an executive order this week announcing the imposition of punitive tariffs on some Indian goods imported to the US, with a cumulative tax rate of up to 50%, targeting India's electronic products, jewelry, and some chemical products.
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Two star companies in the US chip industry simultaneously "shut down" this week. After AMD released its second-quarter financial report, despite its revenue reaching a record high of 7.69 billion US dollars, its share price dropped by 4% to 6% due to operational losses caused by weak data center business and restricted exports to China.
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On August 5, 2025, Australia announced the signing of the largest defense agreement in its history with Japan, purchasing 11 Japanese "Miyagi"-class frigates for 6.5 billion US dollars (approximately 10 billion Australian dollars).
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By 2025, the global automotive industry is poised for a new wave of collaboration. General Motors and Hyundai have announced they will jointly develop five new models for the Americas, including four for Central and South America and an electric van for North America.
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Two weeks ago, US Treasury Secretary Janet Bessent was still making a high-profile prediction that the Federal Reserve would cut interest rates by 50 basis points in September and declared that the benchmark interest rate should be significantly reduced by 150 to 175 basis points.
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