Howard Lutnick stalled Trump's Nvidia chip crackdown on China despite repeated orders: Report
India, Nov. 12 -- US Commerce Secretary Howard Lutnick repeatedly delayed efforts to restrict companies suspected of diverting advanced Nvidia artificial intelligence chips to China. This came even after President Donald Trump approved action on multiple occasions, according to a report by Axios.
During a White House Situation Room meeting on Thursday, Treasury Secretary Scott Bessent challenged Lutnick over the Commerce Department's failure to impose export controls on companies suspected of diverting Nvidia chips to China, particularly Singapore-based Megaspeed International.
The meeting included Defence Secretary Pete Hegseth, US Trade Representative Jamieson Greer and National Security Adviser and Secretary of State Marco Rubio. Lut...
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