China blocks Nvidia H200 AI chips that US government cleared for export – report

Suppliers of parts for Nvidia’s H200 have paused production after Chinese customs officials blocked shipments of the newly approved artificial intelligence processors from entering China, according to a report. Reuters could not immediately verify the report, which appeared in the Financial Times citing two people with knowledge of the matter. Nvidia did not immediately respond to a Reuters request for comment made outside regular business hours. Nvidia had expected more than one million orders from Chinese clients, the report said, adding that its suppliers had been operating around the clock…

Mark Carney in China positions Canada for ‘the world as it is, not as we wish it’

Mark Carney’s trip to Beijing this week secured what he described as a “preliminary but landmark” trade deal and a recognition – welcomed by Beijing – that countries are operating in a “new world order”. Carney’s visit is the first time in nearly a decade that a Canadian prime minister has been welcomed in Beijing. It comes after years of a deep freeze in the relationship between Ottawa and Beijing that Carney wants to thaw, in order to reduce his country’s precarious reliance on the United States. Guy Saint-Jacques, a…

Australia’s confidence in Trump’s US has evaporated. What will it take for the alliance to rupture?

Perched high above Canberra stands a stylised American eagle statue on a towering column. Colloquially derided as the Phallus in Blunderland or the Chicken on a Stick, the Australian-American Memorial was paid for by mid-century Australians “to commemorate the service and sacrifice of American men and women in the defence of Australia” during the second world war. But there is perhaps another way to interpret an 80-metre statue high above Australia’s defence headquarters: that of a malevolent power monitoring a subordinate. For seven decades Australia has sought and found security…

The crisis whisperer: how Adam Tooze makes sense of our bewildering age

In late January 2025, 10 days after Donald Trump was sworn in for a second time as president of the United States, an economic conference in Brussels brought together several officials from the recently deposed Biden administration for a discussion about the global economy. In Washington, Trump and his wrecking crew were already busy razing every last brick of Joe Biden’s legacy, but in Brussels, the Democratic exiles put on a brave face. They summoned the comforting ghosts of white papers past, intoning old spells like “worker-centered trade policy” and…

Trump is making China – not America – great again, global survey suggests

A year after Donald Trump’s return to the White House, a global survey suggests much of the world believes his nation-first, “Make America Great Again” approach is instead helping to make China great again. The 21-country survey for the influential European Council on Foreign Relations (ECFR) thinktank also found that under Trump, the US is less feared by its traditional adversaries, while its allies – particularly in Europe – feel ever more distant. Most Europeans no longer see the US as a reliable ally and are increasingly supportive of rearmament,…

China threatens to retaliate over Trump’s 25% tariff on countries trading with Iran

US president announces measure in response to situation in Iran, which is facing anti-government protests Business live – latest updates US politics – live updates China has threatened to retaliate against Donald Trump after the US president said he would impose 25% tariffs on countries that trade with Iran as a way of punishing Tehran for its brutal crackdown on the biggest anti-regime protests in years. Liu Pengyu, the spokesperson for the Chinese embassy in Washington, said Beijing would “take all necessary measures to safeguard its legitimate rights and interests”…

Greenland says it cannot accept US takeover ‘under any circumstances’

Greenland’s government has said it “cannot under any circumstances accept” Donald Trump’s desire to take control of Greenland, as Nato’s secretary general, Mark Rutte, said the organisation was working on ways to bolster Arctic security. At the start of a critical week for the vast Arctic island, a largely self-governing part of Denmark, the US president restated his interest in the strategically located, mineral-rich territory, saying the US would take it “one way or the other”. The US president has rocked the EU and Nato by refusing to rule out…

Morality, military might and a sense of mischief: key takeaways from Trump’s New York Times interview

1. US is in Venezuela for the long haul When asked how long he would be “running Venezuela”, Trump said it would be “much longer” than a year. After Trump initially claimed that the US was running the South American country, in the hours after the operation that seized President Nicolás Maduro, members of Trump’s cabinet sought to downplay America’s role in its governance. Since then however, Trump has continued to assert that he is in fact “in charge”. Saturday’s operation in Caracas has been described by some as a…

US attack on Venezuela will decide direction of South America’s vast mineral wealth

The US’s first overt attack on an Amazon nation last weekend is a new phase in its extractivist rivalry with China. The outcome will decide whether the vast mineral wealth of South America is directed towards a 21st-century energy transition or a buildup of military power to defend 20th-century fossil fuel interests. Although this onslaught was ostensibly aimed at one corrupt dictatorship in a miserably dysfunctional country, the ramifications are far wider. Venezuela’s oil is the obvious – but not the only – objective. When the former Guardian journalist Seumas…

Trump’s new world order is being born – and Venezuela is just the start | Owen Jones

The US president has been quite clear that Cuba, Mexico, Colombia and Greenland are in his sights. We must believe him As Venezuela’s skyline lit up under US bombs, we were watching the morbid symptoms of a declining empire. That may sound counterintuitive. After all, the US has kidnapped a foreign leader, and Donald Trump has announced that he will “run” Venezuela. Surely this looks less like decay than intoxication: a superpower high on its own force. But Trump’s great virtue, if it can be called that, is candour. Previous…