Overview

• The U.S. Commerce Department issued guidance warning that using Huawei’s Ascend chips risks violating export controls, citing potential breaches in their development or production.
• China's Ministry of Commerce demanded the U.S. reverse its actions, calling the measures discriminatory and damaging to recent trade agreements reached in Geneva.
• Chinese officials criticized the U.S. for unilateral protectionism, accusing Washington of suppressing Chinese technology firms and escalating tensions beyond tariffs to technology restrictions.
• Analysts suggest the U.S. is shifting its strategy to contain China's advancements in semiconductors and AI, while China is boosting efforts toward self-reliance and countermeasures.
• President Trump emphasized that the 90-day tariff truce could be reversed if no broader trade deal is achieved, keeping the possibility of renewed tariffs on the table.