U.S. tariffs on China are likely to stay at current levels, says AEI's Derek Scissors

US-China Relations & Trade - Nvidia CEO Jensen Huang's meeting with President Trump before visiting China suggests he may be carrying a message or representing Trump's attitude [1] - The US is unlikely to raise tariffs on China in August, with existing tariffs remaining in place [3][4] - Potential secondary sanctions on those using Russian oil, primarily targeting China, could be tolerated by China if confined to Ukraine and tied to Russia [5][6] Technology Competition - The best companies don't always win due to state backing and IP acquisition, which is part of China's strategy [2] - China is likely targeting Nvidia in the long term (5-10 years) through government support and competitive advantages [1] - Letting the market run free is not what China does in technology [2]