The Trump administration singled out European tech firms by name and promised economic consequences Tuesday unless the E.U. rolls back tech regulation and lawsuits.
The Office of the United States Trade Representative, led by Jamieson Greer, said that the European Union had “persisted in a continuing course of discriminatory and harassing lawsuits, taxes, fines, and directives” against U.S. companies.
The Trump administration wants to encourage Chinese companies to use Nvidia’s H200 chip while limiting sales of the company’s newest chips, known as Blackwell.
A mammoth data center is rising in Amarillo, Texas. Firms controlled by the Lutnick family have helped finance it, banking millions in fees in the process.
Over the last 10 months, President Trump has become close with Jensen Huang, Nvidia’s chief executive, as the company’s chips have become a tool in trade and peace talks.
In April, Jensen Huang, chief executive of Nvidia, announced at a White House news conference that Nvidia and its suppliers would invest $500 billion in U.S. manufacturing.
Login
