The US-China Deal One Week Later: Why Short-Term Stability Is Likely, Costs and Benefits of Escalation, and More Adventures with Nvidia
Episode Description
On today's show Andrew and Bill break down the latest deal between the US and China, beginning with details from the White House over the weekend, why the PRC is likely happy with a tactical retreat and the new status quo, and why stability is likely at least through April. From there: Why the PRC was motivated to deal despite its goals of eliminating tariffs and export controls, clarity about American pain points, questions about Congress and what comes next, and the costs of China's strategy for the past month. At the end: Reporting on a doomed push from Nvidia to sell Blackwell chips to China, new subsidies for China's AI leaders, a potential Nexperia resolution, and questions the forthcoming fentanyl cooperation between the US and China.
Get all episodes of Sharp China, Sharp Tech, Stratechery Updates and Interviews, Greatest of All Talk, Asianometry and the Dithering Podcast as part of Stratechery Plus for $15/month or $150/year.
Bill Bishop is the author of Sinocism
To email the show: email@sharpchina.fm
@SharpTechPodcast Channel — YouTube
@Stratechery Channel — YouTube
Outcomes of Trump-Xi meeting; No deal yet for Nvidia chips; Gaokao — Sinocism
Xi at APEC; US-China deal; Rare earths; Nvidia thwarted by Trump officials; UK university censors over Xinjiang — Sinocism
Fact Sheet: President Donald J. Trump Strikes Deal on Economic and Trade Relations with China — The White House
Rare-Earth Magnet Startups Seal $1.4 Billion Deal With Trump Administration — Wall Street Journal
Bringing Rare Earths Back — Commonplace
Trump Says China Knows ‘Consequences’ of an Attack on Taiwan — Bloomberg
President Donald Trump participates in a bilateral meeting with Chinese President Xi Jinping — The White House
Sinocism Live: Rush Doshi on the Trump-Xi meeting and US-China Relations — Sinocism
Trump Officials Torpedoed Nvidia’s Push to Export AI Chips to China — Wall Street Journal
Watch CNBC's full interview with Treasury Secretary Scott Bessent — CNBC
China offers tech giants cheap power to boost domestic AI chips — Financial Times
Auto giants rally as China says it will consider exemptions for Nexperia chip exports — CNBC
Trump Says Xi Will Help Fight Fentanyl. Will China Follow Through? — Wall Street Journal