WASHINGTON—President Trump said he would let Nvidia NVDA 1.72%increase; green up pointing triangle export its H200 chip to China and that the U.S. would receive a 25% cut, his latest bid to make money for the government in an unusual agreement with a private company.

“I have informed President Xi of China that the United States will allow Nvidia to ship its H200 products to approved customers in China and other countries under conditions that allow for strong national security,” Trump said on Truth Social. He added: “25% will be paid to the United States of America.”

The move is a boon for Nvidia, which has fought for months to maintain access to the world’s second-largest economy. The company had agreed earlier this year to give the U.S. 15% of the China sales from a lower-performing chip, only for the Chinese to scuttle those plans as part of continuing trade talks between the two sides.

Totally normal, totally fine.

(http://www.autoadmit.com/thread.php?thread_id=5808078&forum_id=2\u0026show=today#49495057)