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Trump hiked tariffs on US imports. Now he’s looking at exports – sparking fears of ‘dangerous precedent’
Experts warn of destabilized trading relations after White House strikes deal with Nvidia to take a 15% cut of certain AI chip sales to Chinese companies
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fortune.com
There’s one small problem with Trump’s export deal with Nvidia and AMD: The Constitution says it’s illegal
Also: All the news and watercooler chat from Fortune.
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U.S.-China chip war: How Trump’s Nvidia-AMD deal has redefined Washington's export control policy
One dismayed Democratic lawmaker said the move signals to China “that American national security principles are negotiable for the right fee."
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scmp.com
Trump’s chip deal: has a new ‘pay-to-play’ era in China trade begun?
US’ ‘unprecedented’ move to take a 15 per cent cut of some chip sales to China creates new risks and conflicts of interest, analysts warn.
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cnbc.com
Trump warned by top Senate Democrats to rethink advanced AI chip sales to China
On Aug. 15, top Senate Democrats warned Trump about AI chip deal with China in an open letter
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theguardian.com
Trump hiked tariffs on US imports. Now he’s looking at exports – sparking fears of ‘dangerous precedent’
Experts warn of destabilized trading relations after White House strikes deal with Nvidia to take a 15% cut of certain AI chip sales to Chinese companies
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Opinion | Trump’s ‘pay-to-play’ trade policy sets a dangerous precedent
The ethos of the recent Nvidia deal and other agreements leaves US trade partners unsure about Washington’s intentions.