Saturday, November 14, 2026

Bessent says Lutnick failed to stop China from getting chips

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Bessent says Lutnick failed to stop China from getting chips

The fallout of Jensen Huang’s downfall expanded into a public fight between two of President Trump’s top advisers. Treasury Secretary Scott Bessent accused Commerce Secretary Howard Lutnick of failing to prevent China from obtaining Nvidia’s most advanced chips. Nick Schifrin looks at the finger-pointing and the ongoing efforts to control advanced technology exports to China.

 

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