The recent news about China developing the world’s fastest supercomputer will trigger the predictable debate about whether Beijing has finally overtaken the US in advanced computing. The answer, at least for now, is no. The new LineShine system that topped the latest TOP500 ranking is not the world’s most powerful machine for artificial intelligence (AI)…
US President Donald Trump has put allies and trade partners on notice, invoking national security powers to ease China’s chokehold on critical minerals, warning global suppliers to negotiate agreements to secure reliable, diversified supplies for the US or face new trade barriers, including tariffs. In a proclamation signed on Wednesday, the “America first” president declared…
Blame games, tit-for-tat threats, off-again on-again meetings between US President Donald Trump and Chinese President Xi Jinping, and wild tariff swings seem to be the recent order of the day. According to former government officials and analysts, however, this should come as no surprise – it’s just the price you pay when diplomatic norms are…
The Club’s top 10 things to Thursday, Oct. 2 — Matthew J. Belvedere and Kevin Stankiewicz wrote this morning’s newsletter. 1. The S & P 500 was heading for a higher open this morning. The index reversed yesterday’s early declines on the government shutdown and weak ADP jobs concerns and closed at a record high….
The Trump administration is encouraging Taiwan to relocate some of its investment and semiconductor production to the US. According to US Secretary of Commerce Howard Lutnick, the goal is to ensure that half of America’s chips are manufactured domestically. This push, which could have implications for Taiwan’s national defence, is part of a strategy to…
It is not the best salesmanship to openly tell your biggest customer you won’t sell them your best products, only inferior ones taking up storage space. And yet, in explaining why US President Donald Trump would let Nvidia and other US tech firms sell chips to China, Commerce Secretary Howard Lutnick pretty much said the…
Commerce Secretary Howard Lutnick says Donald Trump won’t let Elon Musk slide for the way the billionaire left his government position. Lutnick’s take on Trump’s spectacularly messy public divorce from from ex-bestie Musk came during a sit down with NewsNation host Batya Ungar-Sargon on Friday. Lutnick said that while the pair may find a way…
WASHINGTON, DC – SEPTEMBER 19: A poster of the “Trump Gold Card” is seen as President Donald Trump delivers remarks in the Oval Office at the White House on September 19, 2025 in Washington, DC. The “Trump Gold Card” is a visa that allows foreign nationals permanent residency and a pathway to U.S. citizenship for…
Donald Trump’s miserable job market will not even start to improve for a few more months, Commerce Secretary Howard Lutnick has warned. President Trump, whose handling of the economy is often cited by supporters as one of his strengths, has been hit with waves of underwhelming and disheartening job reports this year. On the presidential…
Days after the bonhomie between Prime Minister Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin at the Shanghai Cooperation Organisation (SCO) summit in Tianjin, President Donald Trump said on Friday it looks like the US has lost India and Russia to “darkest” China. “Looks like we have lost India and Russia to…