Cool Your Jets, Secy Bessent—The Chicoms Are Mainly Conventional Competitors, Not IP Thieves

Treasury Secretary Scott Bessent recently took to X to declare what amounts to economic war on China: “Open source is not open season on American IP. When [Chinese] firms conduct covert, industrial-scale distillation attacks that cross the line into IP theft, sanctions and Entity List designations will be on the table.” He has also warned […]

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