Chuck Schumer: “Finally, on Nvidia and China, Donald Trump's trade war has created a mess for U.S. businesses. Now, he is rushing to…”

“Finally, on Nvidia and China, Donald Trump's trade war has created a mess for U.S. businesses. Now, he is rushing to clean up that mess, and he is getting played by Beijing. Last week, the Trump administration handed President Xi and the Chinese Government a major win, approving chipmaker Nvidia to resume selling American H20 chips, used to develop AI, to China. When these chips were blocked, Americans breathed a sigh of relief. China would not get the basic tool to catch up and even surpass us on AI and so many other important technological advances. Not 4 months ago, for that reason, the administration blocked the sale of these chips. Now, typical of Donald Trump--there is no consistency, just what he feels is good for himself at the moment--they are making a costly, troubling U-turn. Flip-flops like this show weakness to the Chinese Government, and that is the last thing we can afford. What is more, the chips are vital in the race to dominate AI. These H20 chips are among the best on the market and were critical for China's development of DeepSeek. We all wondered: How did China catch up with DeepSeek? Well, by using these chips. Now, Donald Trump is green-lighting the sale of even more of these chips. If you are worried about allowing China to dominate in AI, with all of the troubling prospects of that domination, then this reversal from the administration is a huge step toward enabling that Chinese dominance.”