Politics9/16/2025•Bloomberg
Bessent Says US Expressed Dismay to Chinese Over Nvidia Ruling
In a recent trade talk, the U.S. expressed its dismay to China over the latter's ruling that Nvidia Corporation had violated anti-monopoly laws through a high-profile deal in 2020. Treasury Secretary Scott Bessent revealed that U.S. negotiators conveyed their disappointment to their Chinese counterparts upon learning about the decision. The ruling, which found Nvidia in violation of anti-monopoly regulations, is seen as a significant development in the ongoing trade tensions between the two countries. The U.S. government's reaction highlights the importance it places on the Nvidia case and its broader implications for the U.S.-China trade relationship.
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