Howard Lutnick Holds Back Trump's Proposed Nvidia China Chip Curbs
Treasury and Democratic lawmakers are pressing for tighter export controls, with Lutnick facing a Dec. 1 deadline to address the issue.

Commerce Secretary Howard Lutnick held back proposed limits President Trump had floated on Nvidia chip sales to China after Oval Office discussions, delaying a policy move with implications for U.S. access to advanced AI hardware.
The pause has sharpened a dispute inside the administration over export-control enforcement. Treasury Secretary Scott Bessent confronted Lutnick during a two-day Situation Room meeting on Thursday and Friday, Nov. 5-6, over why Megaspeed had not been placed on the Commerce Department's Entity List.
The Entity List is the department's trade blacklist. Placement sharply restricts a foreign company's ability to receive sensitive U.S. technology. Commerce has not added a new name since October 2025, although multiple applications remain under review.
Democratic lawmakers are pressing for tighter limits on advanced AI chip exports and have set Lutnick a Dec. 1 deadline to provide accountability on the issue.
The pause leaves the administration's next move on proposed Nvidia curbs unresolved.