Trump’s Deal with Nvidia: Critics Allege Extortion and Unconstitutional Export Tax
Trump to take cut of sales from world’s biggest company | US government to receive 15pc of Nvidia’s revenues as part of unprecedented deal. This is a situation that’s sparking a lot of thought and concern, and it’s hard to ignore the implications.
The news has been circulating that former President Trump is orchestrating a deal where the US government will receive a significant 15% cut of Nvidia’s revenue. This is being called an “unprecedented deal,” and that description seems pretty accurate. Stephen Olson, a former US trade negotiator, points out how unusual and significant this all is, calling it a monetization of trade policy where American companies essentially pay the government for permission to export.… Continue reading
Matt Underwood 
John Q. Hosedrinker