US government turmoil stalls thousands of export approvals ...Middle East

forex live - News
US government turmoil stalls thousands of export approvals

Reuters reports from sources that the US government turmoil stalls thousands of export approvals:

The backlog is hurting US exporters and signals a deep dysfunction at the US Commerce Department.Shipments of AI chips from Nvidia are the most high-profile example of licenses not being approvedSources said that this week no licenses have been issued and billions of dollars of AI chip orders are at stake.The backlog is reportedly viewpoint the us in over three decades

Perhaps the report is a bit exaggerated from the "sources" . I don't think the demand will suddenly disappear, but with all the trade deals going on, and Commerce Sec. Lutnick being involved, I can imagine things are a "whack a mole" status where you might hit one, but many others don't get hit (or go on the back burner).

    This article was written by Greg Michalowski at investinglive.com.

    Hence then, the article about us government turmoil stalls thousands of export approvals was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( US government turmoil stalls thousands of export approvals )

    Apple Storegoogle play

    Last updated :

    Also on site :

    Most viewed in News