In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.
So taxes?
Bribe
But taxes don’t come out of the blue, there’s a tax code. This sounds like someone in the Trump admin just negotiated a quid pro quo agreement.
Same thing happens in poorer countries - you pay a government representative in order to move your goods.
It’s a bribe and the cost of doing business there.
Taxing individual companies rather than all people/companies. So if the chips are cheaper to make over seas, and servers are cheaper to assemble over seas, and they can get taxed less by existing over seas… why wouldn’t they just move their entire operation over seas at that point.
That is pretty unusual now that I think about it…
On Wednesday, Jensen Huang, Nvidia’s chief executive, met with President Trump at the White House and agreed to give the federal government its 15 percent cut, essentially making the federal government a partner in Nvidia’s business in China, said the people familiar with the deal. The Commerce Department began granting licenses for A.I. chip sales two days later, these people said.
Sounds very unusual, so Nvidia is giving a kickback to the White House? No matter how I look at it, I can’t see how this isn’t a conflict of interest. I’m quite certain that someone will say the 15% kickback will be used in R&D etc to stay ahead the competitors but where do you draw the line between revenues and national interest?
How the government can use the bribe for R&D?
At most can get a “mom: we have deepseek at home” meme model
He’s a master of 1-D tic-tac-toe.
Fuck yo margins bitch.
