mob boss protection/commission money to be paid for sales of chips to China

[user nl]

If anyone has any more doubts about the completely corrupt worldview of DJT: POTUS has no shame even to hide "protection cash-backs":
https://www.nytimes.com/2025/08/10/technology/us-government-nvidia-amd-chips-china.html

The world is just waiting for further POTUS sanctioned killings (starvation in Gaza), perhaps Ukraine will be next on the chopping block.....

We are only 7 months in of the 48 months.......perhaps Elon can bring us all to Mars......

 

[Barnsley]

Nvidia and AMD have agreed to give the US government 15 per cent of their revenues from chip sales in China, under an arrangement to obtain export licenses for the semiconductors, the Financial Times reported on Sunday (Aug 10).

The revenue share applies to Nvidia's H20 chips and AMD's MI308 chips, the report said, citing a US official, noting that the Trump administration had yet to determine how to use the money.

The chipmakers agreed to the arrangement as a condition for obtaining export licences for the Chinese market that were granted last week, FT reported.

Nvidia follows rules the US government sets for its participation in worldwide markets, an Nvidia spokesperson told Reuters in an emailed statement. "While we haven't shipped H20 to China for months, we hope export control rules will let America compete in China and worldwide."

AMD did not immediately respond to a request for comment.

The Commerce Department started issuing licenses to Nvidia to export its H20 chips to China last week, removing a significant hurdle to the artificial intelligence bellwether's access to a key market.

The US last month reversed an April ban on the sale of the H20 chip to China. The company had tailored the microprocessor specially to the Chinese market to comply with the Biden-era AI chip export controls.


https://www.channelnewsasia.com/bus...15-china-chip-sale-revenues-us-report-5287691

The Art of the Deal

 

[KevinK]

“What’s next — letting Lockheed Martin sell F-35s to China for a 15 percent commission?” Liza Tobin, who previously served as China director at the National Security Council during the Trump and Biden administrations, told The Financial Times.

 

[user nl]

How about all Chinese visitors in all hotels in USA have 15% of their daily rates transfered to US Commerce Department, except Chinese visitors staying in Trump hotels, they get 1% reduced rates compared to European and Canadian visitors staying in Trump Hotels!

“What’s next — letting Lockheed Martin sell F-35s to China for a 15 percent commission?” Liza Tobin, who previously served as China director at the National Security Council during the Trump and Biden administrations, told The Financial Times

 

[MKWVentures]

Luckily, Companies are making plans so they do not have to work with the US. This is the answer to "What would Tony Soprano/ Vito Corleone do?"

 

[Paul2]

How about all Chinese visitors in all hotels in USA have 15% of their daily rates transfered to US Commerce Department, except Chinese visitors staying in Trump hotels, they get 1% reduced rates compared to European and Canadian visitors staying in Trump Hotels!

The scheme worked exactly like that with Apple's tailored tariff exemption.