Nvidia and AMD to pay 15% of China chip sale revenues to US Government

ft.com

40 points·mfiguiere··8 comments

Slightly larger discussion: https://news.ycombinator.com/item?id=44859781 (51 points, 15 comments)

Isn't this just a tax which Chinese customers will end up paying for?

It's a tax which American companies are paying. You are asking if they will forward it to their Chinese customers.

https://archive.is/ZW01R tl;dr: Nvidia and AMD will give the U.S. 15% of certain China chip sales in exchange for export licenses, sparking security concerns.

> the deal fits a pattern in the Trump administration where the president urges companies to take measures, such as domestic investments, for example, to prevent the imposition of tariffs in an effort to bring in jobs and revenue to America.

So they will be exempt from the tariffs if they just pay the 15% sales tax directly to the Fed?

I think it tries to compare the export tax to the last week news about chips/semis to be subject to 100% tariffs unless they also have manufacturing in the US.

So yes, they won't have to pay tariffs because they also manufacture in the US, not because they'd (supposedly) have to pay the export tax (though it's hard to see how these two could be mutually exclusive).

To the Fed? Where did you get that from?

I tbink it s clear as day that Trumponomics is failing!

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