By Arsheeya Bajwa and Medha Singh (Reuters) -Shares of Synopsys and Cadence Design Systems jumped on Thursday after the U.S. lifted export curbs on chip design software to China, easing uncertainty around access to the crucial market.

The United States lifted export restrictions on exports of chip design software to China, a trio of chip design software companies said.

President Donald Trump’s administration has lifted recent export license requirements for chip design software sales in China, as Washington and Beijing implement a trade deal for both countries to ease some restrictions on critical technologies.

An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.

Vietnam finds itself caught between its two biggest trading partners as the Trump administration tries to stop Chinese exporters using Vietnam as a way station.

The Tibetan spiritual leader ended years of speculation by saying Wednesday that the next Dalai Lama should be found and recognized according to past Buddhist traditions, signaling that China should stay away from the process.

Tesla Inc. saw its first increase in vehicle deliveries from its Shanghai factory this year, with the US automaker potentially buoyed by the clearance of regulatory hurdles for its advanced driver-assistance features.

Tesla (NASDAQ:TSLA) saw a modest rebound in its China-made electric vehicle sales in June, according to data from the China Passenger Car Association released Wednesday. The company delivered 71,599 units last month,