The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip later this year.
Treasury Secretary Scott Bessent, left, and Jamieson Greer, the U.S. trade representative, second from right, meeting with Chinese officials in Geneva in May.
Big deals to sell chips to the U.A.E. and Saudi Arabia have divided the U.S. government over whether they could be remembered for shipping cutting-edge A.I. overseas.