To The Moon

With Wall Street embracing another rally, some financial markets are trading like Donald Trump’s “Liberation Day” shock never happened.The S&P 500 jumped 3.3%, and the Nasdaq 100 Index pushed back int

EXCLUSIVE-US lawmaker targets Nvidia chip smuggling to China with new billLegislation to track AI chips post-sale amid smuggling concernsBipartisan support for chip location verification technologyExperts say tech for location verification already exists in Nvidia chipsBy Stephen Nellis, Max A. Cherney

UPDATE 1-US lawmakers subpoena China telecom giants over security concernsCongressional committee seeks to force China's state-run telecom firms to report on US operations Committee says it has inform

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LOS ANGELES, April 17 - The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels, aiming to revive U.S. shipbuilding.The Federal Register notice posted by the U.S. Trade Representative was watered down from a February proposal for fees on China-built ships of up to $1.5 million per port call that sent a chill through the global shipping industry.Foreign roll-on/roll-off auto carriers, known as ro-ros, are eligible for refunds of fees if they order or take delivery of a U.S.-built vessel of equivalent capacity in the next three years.

Yangzijiang Shipbuilding bought back 2 million shares in the open market on Tuesday for SG$4 million, according to a same-day filing with the Singapore Exchange.The shipbuilder has been authorized to buy back around 395.1 million shares under its current mandate. To date, it has bought back 13 million shares.