Bessent Warns Chinese AI Firms Could Face US Sanctions Over IP Theft
U.S. Treasury Secretary Scott Bessent warned on Tuesday, July 21, that the Trump administration would consider imposing sanctions on China if Chinese artificial intelligence models are found to have stolen intellectual property from American companies. In an interview with Fox Business, Bessent said the Trump administration supports the development of open-source models but will not […]
7/22/2026 11:02:24 AM