#export-controls

#export-controls

The company has also denied allegations that it has failed to pay employee salaries, claiming that its recently ousted CEO, Zhang Xuezheng, was actively spreading "falsehoods" after the Dutch Ministry of Economic Affairs took control of the firm last week, according to a statement obtained by Bloomberg. Based in the Netherlands, the Chinese-owned chipmaker produces components for, among other things, electronic control units (ECUs) used in automobiles.

In an interview with Fox News' Sunday Morning Futures, he also mixed in some flattery for Chinese President Xi Jinping while still airing some grievances. "I'm not looking to destroy China," Trump said. Earlier this month, he announced an additional 100% tariff and software restrictions on China, which has a stranglehold on the world's supply of rare earths and imposed tighter export controls that threaten a wide range of industries.

The GAIN AI Act is simply an American first amendment to the NDAA defense bill,

This core American advantage should remain at home. Multinational corporations, attracted by generous subsidies and preferential treatment, are eager to locate an increasingly large portion of their AI infrastructure outside of the United States.

"Back in January, we had this DeepSeek moment where, before DeepSeek, people thought that Chinese AI models were years behind. And then DeepSeek launched, we realized that maybe they're more like three to six months behind."

Despite positive trade talks, China's export restrictions on rare earths, crucial for high-tech industries, seem unlikely to ease, maintaining a tight grip on this strategic sector.