Turns out that pay the Trump admin 15% of sales of advanced chips to China "cleans" them from being a national security threat.
A bit like how the traffic officer decides that you weren't speeding after all after slipping him $100 with your driver's license.
MBCook•5mo ago
“That’s a nice business you got there. It’s be a shame if something happened to it.
Maybe you could use my protection.”
A crook to the end.
bediger4000•5mo ago
Are any journalists working on this angle?
cheaprentalyeti•5mo ago
It depends. Do you want to build anything with raw earth elements in it _before_ the refineries are built, which is going to take about a half decade? Then you're going to need to do business with China in spite of their being a national security threat.
This includes modern electric motors, modern power supplies (like get used in said electric motors and electric cars, electric drones, etc), modern radio frequency transceiver modules (like in a modern radar), among other things.
Putting a tax on them is making the best of a bad situation.
Besides, it's going to the Treasury. Not Trump himself.
insane_dreamer•5mo ago
> Then you're going to need to do business with China in spite of their being a national security threat.
You can restrict the sale of advanced chips to China and still do business with them.
Putting a tax on it does nothing; the Chinese companies aren't the ones paying the tax anyway.
It shows that the US isn't really serious about maintaining a lead in these advanced technologies; all Trump knows how to do is extort money through various threats--tarrifs, law suits, export bans etc. To his credit he's good at that. Would make a great mobster.
insane_dreamer•5mo ago
A bit like how the traffic officer decides that you weren't speeding after all after slipping him $100 with your driver's license.
MBCook•5mo ago
Maybe you could use my protection.”
A crook to the end.
bediger4000•5mo ago
cheaprentalyeti•5mo ago
This includes modern electric motors, modern power supplies (like get used in said electric motors and electric cars, electric drones, etc), modern radio frequency transceiver modules (like in a modern radar), among other things.
Putting a tax on them is making the best of a bad situation.
Besides, it's going to the Treasury. Not Trump himself.
insane_dreamer•5mo ago
You can restrict the sale of advanced chips to China and still do business with them.
Putting a tax on it does nothing; the Chinese companies aren't the ones paying the tax anyway.
It shows that the US isn't really serious about maintaining a lead in these advanced technologies; all Trump knows how to do is extort money through various threats--tarrifs, law suits, export bans etc. To his credit he's good at that. Would make a great mobster.