Xi Pushes Trump on the Status of Taiwan in Phone Call, China Says

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00:00We get a phone call from China. This took place this morning. It's kind of an odd

00:04headline that we have going. And it landed on the same day that Howard Lutnick, the Commerce

00:08Secretary, joined Bloomberg Surveillance to talk about export controls when it comes to China,

00:13whether or not to sell Blackwells or other high-end AI chips, maybe the H200, which is

00:18reportedly being considered inside the White House. Here's what Lutnick said to us a bit

00:21earlier today. Do you want to sell China some chips and keep them using our tech and our tech

00:29stack? Or do you say to them, look, we're not going to sell you our best chips. We're just

00:34going to hold off on that. And we're going to compete in the AI race ourselves. So that

00:39is the question. It's in front of the president. He's going to decide. It's a really, really

00:43interesting question. He's got all the information. He's got lots and lots of experts talking to

00:48him. And he's going to decide which way he wants to go forward.

00:52It would be a huge deal, obviously, for NVIDIA. But President Xi apparently was pressing President

00:58Trump on the status of Taiwan, urged him to maintain improved ties, and had a conversation

01:05about China's relationship with Japan. What do we make of the timing of this call today?

01:12I mean, you know, as Secretary Lutnick said, you've got a couple of different

01:16elements that could be influencing the timing. The president wants to wrap up trade talks as well.

01:24Usually there's a big drumbeat leading up to a meeting like that.

01:27Often there is, and you'll have sort of a sequence of meetings with additional officials,

01:32you know, at the working level, at the cabinet level, and so on. But, you know, this could

01:36signal the urgency, perhaps for Beijing, in, you know, both in addressing the status of

01:42Taiwan, you know, trying to influence the president's conversations, perhaps with Japan as well.

01:51So, let's go to어야 an opportunity with it.

01:54So, thank you.