Optimism from the US-China Geneva talks quickly faded as both sides accused each other of breaching the agreement. The Trump administration wants greater access to the China market, but is closing its own doors with expanding tech export controls. The latest, targeting electronic design automation tools, hit after Huawei and Xiaomi unveiled new chip breakthroughs.
China threatens legal counter to US export controls. Malaysia’s Huawei AI deal proceeds despite US pressure. And Tencent shrugs off the impact from US chip ban.