U.S. and China agree on one-year tariff truce, including semiconductor and rare earth breakthroughs — the future of Nvidia AI chip sales to the nation remains murky

President Trump and China's Xi Jinping have agreed on a one-year tariff truce, potentially easing tensions between the two nations. The agreement includes a halt on new measures targeting rare earth metals crucial for semiconductors. Despite discussions on AI chips, Nvidia's sales to China remain uncertain, with no mention of allowing the sale of the powerful Blackwell chips. While the agreement marks a truce, unresolved issues persist between the two countries.