TikTok extension is unilateral and we all know are actually forever.
RE license hasn't even been given yet, supposedly pending Xi approval, and regardless are and will always be much stricter than the uncontrolled export before April
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- Thread starter bd popeye
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RE license hasn't even been given yet, supposedly pending Xi approval, and regardless are and will always be much stricter than the uncontrolled export before April
plawolf
Lieutenant General
Licenses are also just the beginning. Even if licences are granted, it would be super easy for China to throw up countless other delays and restrictions. Nobody can do death by red tape like the Chinese, as I’m sure the American MIC is about to find out expensively and in great detail.
Americans will claim they won even when they're getting annihilated, China just doesn't bother correcting them most of the time.
Case in point Americans are currently claiming unequal tariff win by pretending China's tariffs on US energy and agricultural exports in retaliation to the fentanyl tariff doesn't exist, and they will continue until farmers start crying next season.
US also pretended RE export restrictions since April didn't exist when Trump did his "reset", which was totally not a surrender, until 2 weeks ago when their automakers started panicking.
During the tech war China would never consider receiving a 6 month Nvidia import permit with strict end use restrictions as a win, but America are over RE that has far bigger impact than GPUs.
When your enemy punch themselves in the face and claim victory, you don't stop his punch just so he can't claim victory, or worse punch yourself in the face because you have to react symetrically.
The interpretation that China is expediting license review in exchange for US dropping all new restrictions is already a very generious interpreatation for the US.
Because there were no indication that China weren't granting any between April and May, not until just a week or two ago, there's no reason to believe the unofficial pause in license grants to technically permitted users weren't retaliation to US pressure attempts.
If you strictly follow news cycle timeline, the actual sequence of events was:
1 - China implemented export control in April, US companies started applying for license and China started working through applications, granting them in accordance to rules.
2 - Because China wasn't granting any to western defence contractors and started cracking down on smuggling immediately after Geneva, Trump started to put up new restrictions on China to put pressure.
3 - China RESPONDED to Trump's new restriction by unofficially pausing all US application review even for automakers
4 - US industry started to panic after China paused all review
5 - Finally Trump was forced to abandons pressure against China's export control system in order to save automakeres, taking the 6 month reprive as a win, even though per all statements China's April export control started off with no time limit given to US automakers.
In other words Trump's attempt to pressure China was punished and turned otherwise peremitted automotive licenses into a time-limitd one.
Lol.
Jensen is the only person smart enough to understand that. He wants to prop up nvidia stock price.
An Air India Boeing 787-8 has crashed immediately after takeoff from Ahmedabad to London. Casualties are unclear at this moment.
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They also invited India to join the G7 meeting.