BUSINESS

Business Brief (Sept. 10): Trump Threatens Tariffs on China

Published: Sep. 11, 2025 8:00 p.m. GMT+8

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Trump threatens tariffs on China and India

U.S. President Donald Trump said he is willing to impose significant tariffs on China and India to compel Russian President Vladimir Putin to negotiate with Ukraine. China’s Ministry of Foreign Affairs responded that China is not a party to or creator of the Ukraine crisis and firmly opposes using China as a pretext for issues or exerting economic pressure on it.

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Trump threatened tariffs on China and India to pressure Russia, prompting China’s opposition; he also called for major US Fed rate cuts after August PPI rose 2.6% YoY.
Arm launched a 3nm AI-optimized chip platform; MIIT warned of Apple OS vulnerabilities, now patched; AI firm AIsphere raised $60 million, surpassing 100 million global users.
China cracked down on auto industry online misconduct; a US judge ruled Trump’s dismissal of Fed Governor Lisa Cook illegal; China reported breakthroughs in energy exploration.

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Who’s Who

Alibaba: Alibaba Group Holding Ltd. has led a Series B funding round of over $60 million for AI video generation model company AIsphere. Additionally, Alibaba, along with other companies like Alipay and Samsung, has adopted Arm's second-generation Scalable Matrix Extension (SME2) technology, which is expected to be used in mobile gaming, real-time translation, and smart assistants.

Alipay: Alipay, alongside companies like Alibaba, Samsung, Tencent, and Vivo, has adopted Arm's second-generation Scalable Matrix Extension (SME2) technology. This technology, which adds matrix acceleration to a chip's instruction set, is expected to enhance AI performance fivefold for applications like mobile gaming, real-time translation, and smart assistants.

Samsung: Samsung is mentioned in the article as one of the companies that has adopted Arm's second-generation Scalable Matrix Extension (SME2) technology. This technology adds matrix acceleration to the chip’s base-level instruction set, significantly increasing AI performance, and is expected to be used in various mobile applications.

Tencent: Tencent is among the companies that have adopted Arm's second-generation Scalable Matrix Extension (SME2) technology. This technology, part of Arm's new Lumex computing subsystem platform, adds matrix acceleration to a chip's base-level instruction set, significantly increasing AI performance. It is expected to be used in various applications, including mobile gaming, real-time translation, smart assistants, and personalized applications.

Vivo: **Vivo** Vivo is a technology company that has adopted Arm's second-generation Scalable Matrix Extension (SME2) technology. This technology, part of Arm's new Lumex computing platform, enhances AI performance fivefold. Vivo is expected to leverage SME2 technology for applications such as mobile gaming, real-time translation, smart assistants, and personalized applications.

Suning.com Co. Ltd.: Suning.com Co. Ltd. is mentioned in the article as a company that is selling 12 Carrefour subsidiaries. The sale is for a nominal price of 12 yuan, which is approximately $1.7 USD.

Carrefour China: Suning.com Co. Ltd. is selling 12 Carrefour China subsidiaries for a nominal price of 12 yuan ($1.7). This indicates Suning's divestment from its stake in Carrefour China.

Xiaomi Corp.: Xiaomi Corp. has revealed a patent that aims to boost the performance of mobile satellite communications. This highlights the company's focus on technological advancements in its products.

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What Happened When

August 2025：: U.S. Producer Price Index (PPI) showed a 2.6% year-over-year increase and a 0.1% month-over-month decrease.

Sept. 9, 2025：: China's Minister of National Defense Dong Jun held a video call with U.S. Secretary of Defense Pete Hegseth at the latter’s request.

Sept. 10, 2025：: Arm launched its Lumex computing subsystem platform in Shanghai, optimized for the 3-nanometer process.

Sept. 10, 2025：: Apple released its A19 chip, which uses TSMC’s 3-nanometer process.

Sept. 10, 2025：: AI video generation model company AIsphere announced completion of a Series B funding round of over $60 million.

Sept. 10, 2025：: Trunk, provider of autonomous trucks and intelligent transport solutions, announced it has secured several hundred million yuan in a strategic financing round.

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