Trump opens door to sales of version of Nvidia's next-gen AI chips in China
reuters.com
reuters.com
A bit like how the traffic officer decides that you weren't speeding after all after slipping him $100 with your driver's license.
Maybe you could use my protection.”
A crook to the end.
This includes modern electric motors, modern power supplies (like get used in said electric motors and electric cars, electric drones, etc), modern radio frequency transceiver modules (like in a modern radar), among other things.
Putting a tax on them is making the best of a bad situation.
Besides, it's going to the Treasury. Not Trump himself.
You can restrict the sale of advanced chips to China and still do business with them.
Putting a tax on it does nothing; the Chinese companies aren't the ones paying the tax anyway.
It shows that the US isn't really serious about maintaining a lead in these advanced technologies; all Trump knows how to do is extort money through various threats--tarrifs, law suits, export bans etc. To his credit he's good at that. Would make a great mobster.