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USTR Greer says Nvidia (NVDA) is a structurally important company; USTR remains concerned about the NVDA situation

ORIGINAL · NewsquawkUSTR Greer says Nvidia (NVDA) is a structurally important company; USTR remains concerned about the NVDA situationRead originalHide original

Chips Wants crown jewel chips to remain in the US and allies' hands. Will decide what our export controls are. Need to enforce them appropriately. If there are any export control problems, administration will investigate them. Megaspeed National security is important to the President. Cannot disclose intelligence briefings, is briefed regularly. Sensitive to this issue. Will see continued attention. Doubt it will be brought up with China President Xi. Trade US must rebalance global trade. China China conducting partial compliance; it is getting some rare earths that we need but would like to see more progress. Would like to see rare earths at levels seen a few years ago. There has been purchases of soybeans. Despite mid term results, we still have a large trade deficit with China. Mexico US President Trump prepared to take whatever measures he needs to, economic or otherwise. Canada Spoken with Canadian officials in recent days. Does not want to give a timeline, but we are working on it. Canada would love things to go back to how they were. Tariffs Will keep options open as necessary. Would like stability, looking forward to working with Democrats.

StockNow breaking-news AI analysis

Greer says Nvidia is structurally important and the administration remains concerned, amid congressional and legislative scrutiny of chip exports and unresolved U.S.-China rare-earth supply issues.

News detail

Chips Wants crown jewel chips to remain in the US and allies' hands. Will decide what our export controls are. Need to enforce them appropriately. If there are any export control problems, administration will investigate them. Megaspeed National security is important to the President. Cannot disclose intelligence briefings, is briefed regularly. Sensitive to this issue. Will see continued attention. Doubt it will be brought up with China President Xi. Trade US must rebalance global trade. China China conducting partial compliance; it is getting some rare earths that we need but would like to see more progress. Would like to see rare earths at levels seen a few years ago. There has been purchases of soybeans. Despite mid term results, we still have a large trade deficit with China. Mexico US President Trump prepared to take whatever measures he needs to, economic or otherwise. Canada Spoken with Canadian officials in recent days. Does not want to give a timeline, but we are working on it. Canada would love things to go back to how they were. Tariffs Will keep options open as necessary. Would like stability, looking forward to working with Democrats.

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