Aug 12th, 2025

Trump Deploys National Guard in DC, China Says Avoid Nvidia H20 Chips | The Opening Trade 8/12

China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the chipmaker’s attempts to recoup billions in lost China revenue as well as the Trump administration’s unprecedented push to turn those sales into a US government windfall. President Donald Trump announced he would take federal control of Washington DC’s police department and deploy 800 National Guard troops there, escalating his push to exert power over the nation’s capital.  The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Kriti Gupta, Guy Johnson and Valerie Tytel.