Trade Policy
U.S. approves Nvidia H200 chip exports to China
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The U.S. Department of Commerce announced on Tuesday that it would allow Nvidia to resume shipments of H200 chips to Chinese customers, marking the latest move by the Trump administration to ease technology export restrictions to China. The H200 is Nvidia's second-most-advanced AI processor, previously restricted over concerns about bolstering China's tech and military capabilities.
Chinese Ambassador to Nigeria, Yu Dunhai, has announced that China is prepared to roll out a zero-tariff policy for Nigerian goods ahead of schedule. This move comes amid celebrations for 55 years of diplomatic ties and the upcoming 2026 China-Africa Year of Cultural Exchanges. Nigerian Foreign Affairs Minister Yusuf Maitama Tuggar welcomed the initiative, emphasizing strengthened bilateral cooperation.
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Colombia's Ministry of Commerce published a draft decree to raise import tariffs on vehicles and motorcycles powered by gasoline or diesel engines, aiming to promote clean technologies and bolster the national industry. The proposal sets 40% for cars and 35% for motorcycles, but guilds like Asopartes and Andemos warn it will raise prices and halt the sector's recovery in 2025.