Economic Calendar
U.S. Rolls Back Chip Software Curbs on China
The Trump administration has lifted export license requirements for U.S. chip design software sales to China, easing a key trade restriction amid improving relations between the two nations. According to Bloomberg News, the U.S. Commerce Department notified leading chip design software firms — Synopsys, Cadence Design Systems, and Siemens — that government approval is no longer required for their business in China. The move follows progress in U.S.–China trade negotiations, with China conditionally agreeing to resume exchanges of rare earth materials and advanced technology as both sides work toward stabilizing economic ties.