TechCrunch
7/21/2026

US Treasury signals possible sanctions on Chinese open AI models over IP theft concerns
Original: US threatens sanctions against Chinese AI models over IP theft
Short summary
Treasury Secretary Scott Bessent indicated the U.S. could impose sanctions on Chinese open AI models over alleged intellectual property theft. This move expands the Trump administration's broader effort to slow China's AI development. The threat targets open-source AI models specifically.
- •US Treasury Secretary warns of sanctions on Chinese open AI models
- •Allegations center on IP theft by Chinese AI developers
- •Part of broader Trump administration campaign to slow China's AI advances
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