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President Trump again delayed higher tariffs on Chinese goods. But his recent moves on computer chips have stoked fears he’s willing to give too much to reach an accord.
By Andrew Ross SorkinBernhard WarnerSarah KesslerMichael J. de la Merced and Danielle Kaye
Andrew here. We’re digging deeper into President Trump’s tariff talks with China, which have been postponed for another 90 days. (Some critics are calling it another TACO — short for “Trump Always Chickens Out” — moment.) We’re also still thinking about the implications of the deal Trump reached in which Nvidia will pay 15 percent of revenue from A.I. chip sales to China. Will Beijing view this as state-sponsored capitalism? Will Nvidia — and by extension companies like Apple and Tesla — no longer be viewed as independent businesses but as arms of the U.S. government? If so, is the brand of capitalism that the U.S. has promoted for decades now in question? Let us know your thoughts.
