"Oh, but China will do it anyway, so there's no point."
Which is pretty easily counterable:
1) We don't know if China would cooperate with a ban. We haven't tried. China is very complicated, and if you think you can predict what Xi will do, you are wrong.
2) If AI is truly a global existential and moral crisis, the US _could_ absolutely shut down China's AI research capabilities. There are a few avenues here, some less pleasant than others. Think outside the box.