What's going to be interesting is how the US government regulates US-based access to Chinese AI models, whether served domestically (e.g. GLM-5.2 from Amazon Bedrock, DeepInfra, etc), or from overseas.
I suppose if one fear is US domestic terrorists/hackers using AI, then restricting access to all models, regardless of country of origin, might make sense, but as far as restricting technology exports over national security concerns it wouldn't make much sense to restrict access to foreign models!
Crudely applied restrictions are likely to get worse before they potentially get better as the hype wears down and AI risk gets better assessed, but government control tends to be a one-way ratcheting up, so who knows. It's not inconceivable that the government may try to restrict use of local models too, which they could do by making it illegal to make open weights (maybe for selected models) available for download.