When the Chips Are Down
President Trump’s reversal of a ban on sales of advanced semiconductors to China undercut the strategic logic behind years of American policy that was meant to keep the US ahead in the race to develop AI systems.
In a July 2025 interview with CNBC, Commerce Secretary Howard Lutnick defended the Trump administration’s abrupt decision to reverse a ban on Chinese purchases of the American technology company Nvid… [+22633 chars]