The White House's press secretary, Karoline Leavitt, says the 15% export tax that has been agreed with Nvidia and AMD for GPUs being exported to China could be expanded to "other companies". In the meantime, she said the Department of Commerce is working on the "legality" of it all.
As we reported a few days ago, Nvidia and AMD have joined together in an unprecedented trade agreement that will see them pay the US government 15% of revenue from their chip sales in China. According to CNBC, President Trump commented that, "I said, ‘If I’m going to do that, I want you to pay us as a country something, because I’m giving you a release.’”
