The firms agreed to deliver a percentage of advanced microchips sales to the Donald Trump administration, according to Financial Times.
Technological companies Nvidia and AMD They would have agreed to deliver to the US government he 15% of income obtained by the sale of advanced microchips, such as those used in Iain Chinain exchange for export licenses. The agreement was promoted by the administration of Donald Trump And it is considered unprecedented.
According to sources familiar with the situation to the newspaper Financial Timesthe two manufacturers accepted the measure as a condition to obtain export licenses for the Chinese market, awarded last week.
An American official indicated that Nvidia 15% of income from their chips will yield H2O in China and AMD will do the same with the chips MI308. Two people close to the agreement indicated that Washington did not yet define how money will use.
The newspaper remarked that no American company had previously accepted part of its income to obtain licenses, although it pointed out that the strategy fits a pattern of the Trump administration, which encourages companies to make National Investments to avoid tariffs and foster employment and income in the country.
Consulted by Financial Times, AMD He did not respond and Nvidia He claimed to comply with the norms set by the US government to operate in international markets.
Tariffs: Donald Trump extended the truce with China for another 90 days
Donald Trump XI Jinping United States China.jpg
The president of the United States, Donald Trump, decided to extend for another 90 days the tariff truce with China, according to the CNBC chain on Monday, citing sources from the White House, a few hours after US tariffs on Chinese products return to three -digit rates.
The order followed a response without commitment to Trump to journalists about whether it would expand the lowest tariff rates one day after you urge Beijing to quadruple their American soybean purchases.
The tariff truce between Beijing and Washington expired on Tuesday, August 12. The order prevents US tariffs on Chinese products from shooting up to 145%while Chinese tariffs on US products were going to reach 125%, rates that would have given rise to a virtual commercial embargo.
“We will see what happens,” Trump said at a press conference, when asked how he planned to expand the deadline. “They have been trying quite well. The relationship is very good with President XI (Jinping) and with me.”
Imports from China are currently attached to tariffs of 30%, including a base rate of 10% and 20% in Fentanyl related tariffs imposed by Washington in February and March. China had matched the de -escalated, lowering its rate on US imports at 10%.
Source: Ambito
