Donald Trump’s flawed plan to get China hooked on Nvidia chips
The president is tearing up America’s export-control policy
Last updated: 2025-12-09 21:18:58 ET
The president is tearing up America’s export-control policy
Chinese regulators are discussing ways to allow only limited access to the chips as it encourages domestic production, according to a report.
President Trump said Nvidia can export some chips. But years of U.S. restrictions have propelled China to make everything it needs for advanced A.I.
Authorities have shut down yet another China-linked smuggling network for Nvidia's AI chips, according to a release from a U.S. Attorneys office.
The result was driven by resilient demand for goods from within the EU, which offset a tariff-impacted slowdown in exports to the U.S.
So far this year through November, overall Chinese exports rose 5.4% compared to the same period in 2024. Imports, meanwhile, fell 0.6%.
China's exports to the U.S. have dropped sharply this year, in the face of President Trump's tariffs — but the country is still finding plenty of customers elsewhere around the world.
Chinese exports to the United States continued to crater last month, but the drop was made up by booming sales in Southeast Asia and Europe.
China's exports returned to growth in November after an unexpected contraction in October, climbing 5.9% from a year earlier
China's exports jumped more than expected in November as manufacturers rushed to ship out inventory on the back of a trade deal Beijing struck with Washington.