Trump & Bessent Fold To China As Beijing Orders Firms To Cut Off All U.S Chip Purchases!

 

Trump & Bessent Fold To China As Beijing Orders Firms To Cut Off All U.S Chip Purchases!

 #trump #tariffs #semiconductor 

China just delivered a crushing blow to U.S. tech as Beijing orders its biggest companies to cancel Nvidia chip purchases, leaving Wall Street stunned and Washington scrambling—this video exposes how Trump’s 15% export tax backfired, why Scott Bessent folded under pressure, and how China’s $47B semiconductor fund and soaring SMIC stock prove the U.S.–China chip war is accelerating; packed with real-time data from Bloomberg, Reuters, WSJ, and FT, this cinematic breakdown reveals the bankruptcies piling up in America, the $291B deficit shock, and the contradictions unraveling U.S. strategy—stay locked in as every minute flips the stakes higher and forces the question: did America just hand Beijing the upper hand in the global AI race?

 

 

Source:   The Global Angle