Lutnick faces pressure over AI chip policy as Bessent cites delays on China-linked firm

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US Commerce Secretary Howard Lutnick's position is reportedly under strain amid clashing approaches to AI chip sales. Treasury Secretary Scott Bessent has publicly blamed Lutnick for holding up sanctions against Megaspeed, a company with China ties. The dispute is complicated by President Trump's earlier endorsement of certain chip sales to China. Those endorsements have raised concerns among national security observers. The episode highlights internal tensions over how to balance trade interests with security risks.

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