Joe Mathieu

Senator, I'm curious, in this conversation with President Trump, did the investigation into Fed Chair Powell come up?

Joining us now as we widen the lens on this whole story involving NVIDIA export controls and on a greater scale, U.S.-China relations is Nicholas Burns, the former U.S.

ambassador to China in the Biden administration, professor at Harvard's Belfer Center.

Mr. Ambassador, welcome back to Bloomberg TV and radio.

It's great to have you.

It seems all roads lead to China.

We're talking about Nvidia or new tariffs on India.

So let's start where we're already talking, and that's export controls and this idea of Nvidia opening once again a new market in China.

There's even reporting today that Nvidia is talking about a Blackwell chip that might be available soon.

scaled down version for the China market, but there's still no deal.

And from what we understand, no licenses to begin reselling these AI chips in China.

Will it happen?

Well, you know, if you talk to Jensen Wong about that, he would tell you that that only strengthens Huawei and, in fact, strengthens China's hand to sell this type of technology if it were to catch up with the United States to other countries.

Do you believe that we're mortgaging our national security by selling this technology?

Yeah, you'll hear from them right here on this program, I'm sure.

As we consider what some would describe as an economic cold war here, or at least a trade war with China, the prospects of pushing India closer to China has been on the table.

This week, with now a 50% tariff that the U.S.

has put on India, half of that was added as punishment for India buying Russian oil, Ambassador.

I talked about this last evening with Peter Navarro, the White House Senior Counselor for Trade and Manufacturing.

He made a lot of news, not only here but in Delhi today, with his answer.