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According to reports, this memo regarding the relationship between Jensen Huang and Huang Le was circulated among a small number of high-level U.S. officials before Trump traveled to Beijing to meet with Xi Jinping.
According to the Financial Times, as the U.S.-China trade truce continues and high-end AI chips remain a point of friction, Oracle has canceled a $7 billion chip leasing contract with Tencent under pressure from the Trump administration.
On November 5 local time, the United States announced sanctions against the China National Electronics Import & Export Corporation (CEIEC) and Beijing Huacheng Haopu Technology Co., Ltd. related to Cuba, accusing the two companies of cooperating with the Cuban military procurement enterprise Duna in 2026 to supply military equipment and components to the Cuban military. CEIEC was previously sanctioned in 2020 for assisting the Maduro government in Venezuela.
According to a report by the Financial Times on November 4, Oracle canceled a five-year, approximately $7 billion chip leasing agreement with Tencent under pressure from the Trump administration. The original agreement allowed Tencent to use about 100,000 advanced AI chips in Southeast Asian data centers. During the same period, senior officials from Guangdong visited Tencent and demanded that it switch to domestic chips.
On October 31, the foreign ministers of the Quad (US, Japan, India, and Australia) met in Atlanta and issued a joint statement to advance the recovery of critical minerals from e-waste and scrap, aiming to reduce reliance on a single supplier. The US pledged $10 million to support recycling facilities in India and ASEAN countries. The statement expressed serious concern over export restrictions, economic coercion, and non-market policies, without directly naming China.
On October 31, when asked by a reporter in Atlanta whether the Quad statement was directed at China, U.S. Secretary of State Rubio stated that the Quad mechanism is not an anti-China alliance, but noted that these activities or behaviors repeatedly come from the same country, which everyone can see.
On October 30, The New York Times, citing anonymous sources, reported that US intelligence agencies determined that Alice Huang, an executive at data center company Megaspeed, passed intelligence to Beijing and discovered she had close contact with Nvidia CEO Jensen Huang. Trump was informed of the intelligence about a year ago but took no action. Nvidia stated it was normal customer contact, and the Chinese Embassy in the US denounced the accusations as a smear.
On October 30, the US Department of Justice announced that two Chinese men who conducted clandestine intelligence activities on behalf of China's Ministry of State Security (MSS) were each sentenced to 30 months in prison after pleading guilty, followed by three years of supervised release. The two had assisted in identifying recruitable US military personnel and, in January 2022, arranged for individuals within the US to drop off approximately $10,000 in cash via a dead drop in a storage locker.
On October 30, the U.S. network analysis firm Graphika released a report stating that the China-linked "Spamouflage" network used X accounts to impersonate U.S. voters, spreading politically divisive content ahead of the midterm elections and questioning the integrity of U.S. elections; the Chinese Embassy in the U.S. denied interfering in U.S. elections.
The U.S. Department of War announced on October 19 the completion of preliminary research security reviews of 30 universities, resulting in the termination of more than 80 collaborative partnerships related to entities on the list.
On October 18, 2026, former U.S. President Trump publicly stated that the United States must take the lead in artificial intelligence and advocated strengthening export controls to prevent the Chinese Communist Party from obtaining advanced AI chips. Trump believes that unrestricted access to U.S. AI technology would accelerate the improvement of China's military capabilities and pose security risks.
On October 18, 2026, Italian Defense Minister Guido Crosetto stated in public comments that, in his view, China is currently the only enemy of former U.S. President Trump in the world. Crosetto believes that everything other than China is merely a distraction for Trump, and that Trump's core goal is the competition between the United States and China over technology and global dominance.
According to a tweet posted by @clashreport, Bessent publicly stated that he had requested European allies in the spring to join the U.S. in imposing secondary tariffs on China and India, but was rejected by the European side. Bessent questioned this, arguing that the U.S. should not bear the associated economic burden alone.
The U.S. account @ChinaSelect pointed out that CXMT (ChangXin Memory Technologies), identified by the Pentagon as a Chinese military-industrial enterprise, relies on CCP subsidies and advanced Western chip manufacturing equipment to maintain its competitiveness. The account called on the U.S. Congress to pass the MATCH Act, which aims to ban the sale of advanced chip manufacturing equipment to Chinese military-industrial enterprises such as CXMT, in order to curb their technological development and protect the market competitiveness of U.S. and allied companies.
The Chinese government warned on Wednesday that Taiwan's coast guard must bear the consequences for using high-pressure water cannons against Chinese fishing boats. On the same day, the People's Liberation Army (PLA) conducted joint combat readiness patrols around Taiwan, while the U.S. State Department urged Beijing to cease its pressure.