China reportedly urged domestic companies to avoid using Nvidia (NVDA) H20 processors, especially for government work, after Nvidia and AMD (AMD) agreed to pay the US 15% of the revenue for certain chip sales to China.

The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as U.S. retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season.

A last-minute executive order saw President Trump delay tariffs on Chinese goods by another 90 days. It may mean continued fluctuations in the price of consumer tech products.