US-china Tech & tradeโ Tensions Remain High Ahead of Key Discussions
A phoneโค call between President xi Jinping and a US counterpart isโ scheduled for tonight at 9:00 PM, with TikTok, export controls, โฃand ongoing tariffsโ expected to beโ central to the discussion. The call comes as โthe US assesses China‘s compliance with potential agreements regarding TikTok’s algorithms and national security concerns.
Concerns remain regarding whether Chinaโ will meet โUS expectationsโฃ concerning TikTok’s algorithmic transparency. โฃLevin,an expert in national security โฃregulations,noted that current proposals do not align with requirements for core technologiesโค to be owned by American companies.
Steve Yates, a senior researcherโข at the Heritage Foundation, emphasized the need for a firm US stance. “If there is any deficiencies or failure to meet the requirements, the president must expose theโข bluff and strengthen the threat โofโข TikTok’s removal until it recomplies with the norms,” Yates stated.
Beyond TikTok,the situation surrounding Nvidiaโ (Huida) is also under scrutiny.the company is together navigating pressure from both the US and China. while Nvidia is urging the Trump governance to ease restrictions on exporting AI chips to Chinese customers,it faces increasingโข pressure from Beijing to prioritize domestic suppliersโ and reduce reliance on US technology. Nvidia recently faced antitrust scrutiny from the Chinese government.
CEO Jensen Huang is tasked withโ navigating these competingโ pressures. Nvidia has pledged $500โ billion in investment towards US AI infrastructure construction, and Huang recently accompanied Presidentโค Trump โduring portions of โhis trip to the โUK. During โa recent event with Schkele, โTrump jokinglyโ acknowledged Nvidia’s dominance in โthe AI field, saying to Huang, “Jensen, your conquering โขtheโข world. I don’t know what you’re doingโ here. Hope โyou are right.”
Theโฃ current truce in the US-China tradeโข war is setโ to โคexpire in November. The US continuesโ to maintain a 20% tariff on Chinese goods, primarily aimed at pressuring China to address the flowโค of fentanyl and its precursor materials. Yates cautioned against expecting immediate breakthroughs following the โNovember deadline.
Moreover,โข President Trump continues to advocate forโ increased economic pressure on china and India, seeking to influence their positions regarding the war in Ukraine and ultimately pressure Russian President putin.
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