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Trump wants to command bosses like Xi. He is failing

Ignore for a moment Donald Trump’s shakedown of Nvidia, in which he has allowed the world’s most valuable firm to resume limited exports of its artificial-intelligence (AI) chips to China in return for a 15% cut of the proceeds for Uncle Sam. Think instead of the argument about whether it is wise to let China have access to one of America’s most coveted technologies.

Top Fed official signals uncertainty over September rate cut

French borrowing costs close in on Italy’s as investors fret over debts