Source: Politico
by Brian Faler
“President Donald Trump’s decision to allow Nvidia to sell chips to China has produced a flood of national security concerns, but that’s not all. His demand that the government also get a cut of the proceeds is raising a whole other set of questions, including: Did he just raise taxes? His demand that Nvidia and other semiconductor companies pay 25 percent on their China sales looks to some a lot like a tax increase, and it comes in the face of Republicans’ long-standing opposition to tax hikes and the fact that tax policy is supposed to be set by Congress, not the White House.” (12/21/25)