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Source:
CNN
Bessent presses Lutnick
Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick last week over Commerce’s refusal to place Nvidia customer Megaspeed on a US national security watchlist. Officials suspect the Singapore-based company has diverted advanced chips to China; despite warnings about its ties, Lutnick made no commitment to act. Megaspeed, which has bought more than $4 billion in Nvidia chips by some estimates, denies wrongdoing, while adding it to the list could strain US-China trade relations.
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