This has toast! Trump is legs!!!
In real life, the first line of responsibility for ensuring compliance with US export regs is Nvidia. At the Federal level, export regs are overseen by the Departments of Commerce and State. IOW, whatever Trump approved, for specific customers, still was subject to Nvidia's and multiple government departments' oversight.
Further, the DU OP glosses over this, probably from ignorance seasoned with confirmation bias, but Nvidia did not sell its products to the Chinese government. What actually happened is that, either through a reseller or directly, Nvidia sold its products to a Singapore company that did data processing. That company bought more equipment than its business required and shipped some of what they bought to China. This bypass of US export regs appears to have been eased/camouflaged by the China-connected head of that company and Nvidia's president playing mattress polo together. Per the NYT (paywalled), Rubio alerted Trump to this cozy relationship in spring 2026, a timing that suggests the mattress polo and equipment transfers may have begun during Biden's MalAdministration.
Other than lacking a honeypot, this scenario is what happened, exposed a few months ago, with Supermicro. Supermicro sold its servers to an approved reseller, which sold the servers to a data processing company doing actual processing of data. That end user bought more equipment than needed by its legitimate business, and the extra got sent to China. That particular export regs bypass scam started in 2024.
This is all public information, and I posted about the Nvidia mess earlier this AM in the daily Breaking News thread. I did not find any mention here in the Cave of the Supermicro servers case. If any DUpipo think this is a Gotcha-Trump, they will be disappointed, as usual.