China bans Wells Fargo banker from leaving country
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Stocks traded mixed Tuesday as longer-dated Treasuries rose following an inflation reading that rose in June from May despite being relatively tame. Tech stocks traded higher after Nvidia said it would restart some chip sales to China.
The US embassy in China has expressed concerns about damage to bilateral relations from exit bans, after Beijing prevented an American commerce department employee from leaving the country. The tensions over exit bans come as the two superpowers are locked in a trade war,