Trump Does Not Plan to Raise Nvidia Spy Allegations With Xi on China Trip, Officials Say

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Trump Does Not Plan to Raise Nvidia Spy Allegations With Xi on China Trip, Officials Say
PrimeXBT Editorial Team
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President Donald Trump does not plan to raise the suspected Chinese spy case tied to former Nvidia CEO Jensen Huang when he travels to China, senior U.S. officials said. Elon Musk will join the trip to Shenzhen, and the White House says Trump plans a three-way summit with Xi Jinping and Vladimir Putin.

Senior U.S. officials said Friday that Trump is not expected to raise allegations of a Chinese intelligence operation involving former Nvidia CEO Jensen Huang in his upcoming meeting with Chinese President Xi Jinping. Officials spoke on a press call, and one asked not to be identified.

According to CNBC, the official said: "The situation with Nvidia should not really have any bearing on the trip." Another official said they do not expect the president to raise the issue of Alice Huang.

What the officials say will be on the table

Asked about the allegations against Alice Huang, an official said the focus of the meeting with Xi, at least on the economic side, is implementation of the trade agreement. The official added that the U.S. does not negotiate American export controls with the Chinese.

The same official said national security matters and investigations under way in the U.S. are probably not something the administration will brief the Chinese on at this moment. China has called the allegations against Alice Huang baseless.

The scandal behind the trip

Jensen Huang resigned this week as Nvidia's CEO after reports that he had an affair with Alice Huang, who is not related to him. She was an executive of Megaspeed, a cloud-computing company that is being eyed for possible facilitation of sending billions of dollars worth of Nvidia chips to China in violation of U.S. restrictions.

The scandal has also raised questions about whether the Commerce Department, led by Howard Lutnick, has been aggressive enough at blocking advanced chips from reaching China.

Musk joins the delegation

Officials said Elon Musk will accompany Trump to Shenzhen for the Asia-Pacific Economic Cooperation summit on Nov. 18 and 19. One official said Musk has tremendous business interests in the U.S.-China relationship and could serve as an advisor to the president.

The White House said earlier Friday that Trump plans a three-way summit with Xi and Russian President Vladimir Putin there.

Source: CNBC

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