Earlier quoted context omitted.
The US can just ban Chinese weights being used in US companies.
If the Trump administration decides to annoint Altman and Amodei in defiance of market forces it will rapidly discover that it no longer has the sovereign bond auction pricing power to prop them up. This isn't 1998: the Treasury has taken five major body blows in the last 25 years, the world's energy markets, maritime insurance regimes, electronic payments rails, and moral authority in places like the UN Security Cou…
Once China starts to get scary, Commerce will export control GPUs and declare Chinese models "foreign munitions." Any nation doing business with the US will not be allowed to use these models either, and that will be the end of that.
It is just not in the US's interests to fund China in the race to AGI.