Soybean futures are jumping more than 2% to over 1,000 cents per bushel after U.S. president Donald Trump urged China to dramatically increase its buying of the crop. In a Truth Social post on Monday,

President Trump late Sunday urged China to increase its orders of U.S. soybeans, suggesting it would help reduce the trade deficit between Washington and Beijing. “China is worried about its

Chip giants Nvidia and AMD have agreed to pay the US government 15% of Chinese revenues as part of an "unprecedented" deal to secure export licences to China, the BBC has been told. The US had previously banned the sale of powerful chips used in areas like artificial intelligence (AI) to China under export controls usually related to national security concerns.