BESSENT CONFRONTS LUTNICK OVER NVIDIA CHINA CHIP SCANDAL Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick over his failure to blacklist Megaspeed, an Nvidia (NVDA ) customer accused of diverting US chips to China. According to Axios, Lutnick replied: “I don't know. I'll look into it.” Sources allege Lutnick resisted action despite intelligence warnings, fearing an escalation of the US-China trade war. The confrontation deepens scrutiny of Nvidia's China ties and the administration's handling of chip export restrictions.(彭博社)