India, Nov. 14 -- US treasury secretary Scott Bessent on Friday took a swipe at commerce secretary Howard Lutnick over delays in restricting Nvidia chip exports to Megaspeed International, a Singapore-based company whose chief executive is suspected by US intelligence of having links to Chinese espionage.

Speaking to CNBC on Friday, Bessent said the Treasury, State and Defence departments, along with the US Trade Representative, had supported placing Megaspeed on the export control list for several months. However, he said the decision rested with the Commerce Department, which oversees restrictions on sensitive American technology exports.

"Commerce has the pen, and you will have to ask them about their internal processes," Bessent sai...