Trump: US to allow NVIDIA to supply products to China, subject to security controls and 25% fee
President of the United States Donald Trump said he had informed the Chinese leader Xi Jinping about Washington's decision allow NVIDIA to supply its products to “approved customers” in China and other countries.
According to Trump, the deliveries will be made by only under conditions that fully guarantee the national security of the United States.
The US president also said that Beijing had reacted positively to the decision:
«President Xi reacted positively!»
Trump added that under the new trade model 25% of payments will be paid to the United States of America.
Context.
NVIDIA is one of the key manufacturers of chips for artificial intelligence and supercomputers. Earlier, the US restricted exports of high-performance GPUs to China due to the risk of military use.
Trump's decision indicates a partial easing of the rules, but under tight control and with additional financial conditions.
Experts point out that such a move could help reduce trade tensions between the US and China, while maintaining restrictions on strategic technologies.
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