China calls out Trump for 'abuse' of semiconductor export controls

China is calling out the U.S. for "discriminatory restrictions" in its use of export controls in the chip industry, after the Trump administration accused the world's second-largest economy of violating a preliminary trade deal between the two countries. "Recently, China has repeatedly raised concerns with the U.S. regarding its abuse of export control measures in the semiconductor sector and other related practices," China U.S. embassy spokesperson Liu Pengyu told NBC News. It's the latest escalation in the simmering trade war between the U.S. and China, particularly as it pertains to artificial intelligence and the infrastructure needed to develop the most advanced technologies. China's response comes after President Donald Trump said early Friday in a social media post that China had violated a trade agreement. U.S. Trade Representative Jamieson Greer told CNBC in an interview that the "Chinese are slow rolling its compliance." On May 12, the U.S. and China agreed to a 90-day su ... Read full article.