Top Senate Democrats wrote an open letter asking President Donald Trump to rethink his decision to allow artificial intelligence chip sales to China. The deal allows chip giants Nvidia and AMD to sell advanced AI chips to China in exchange for a 15% cut of revenue from the sales.

New economic data shows tariffs are beginning to hit U.S. consumers. But that is not stopping Donald Trump from leaning even harder into the levies. Today, the President teased semiconductor tariffs as early as next week,