US-China Export Controls Escalate

U.S. lawmakers close foundry loophole; Taiwan criminalizes AI chip smuggling; MATCH Act extended; EU Pax Silica coalition aims to break China's rare-earth grip—factory shutdowns already occurring. Huawei chip revenue jumps 60% to $12B despite controls, challenging effectiveness. China rare earth export controls cause eightfold price surge in dysprosium/terbium; yttrium identified as 'killer chokepoint'. China retaliates against EU Russia sanctions with export controls on 14 European entities. New: Anthropic exec says US AI lead only 6-9 months, blaming Chinese distillation; new export control bills (AI Overwatch, Match, Chip Security) heading into NDAA. Gold Eagle cybersecurity initiative launched.