The US and China are locked in a high-stakes race to dominate AI and the chips that power it. As the Trump administration lifts export controls and sets tech priorities, Beijing is doubling down on its AI ambitions while hosting top EU leaders. Nikita Lalwani, former White House director for technology and national security, breaks down what this means for global power. 

Reading List:

• A Playbook for Industrial Policy: What Washington Can Learn From CHIPS, Foreign Affairs, May 22, 2025
• How America Can Stay Ahead of China in the AI Race: The Case for Export Control Diplomacy, Foreign Affairs, April 15, 2025