BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Big Tech Strikes Unprecedented Deals Amid Trump Tariffs
Big Tech Strikes Unprecedented Deals Amid Trump Tariffs
21
1
BTCCSquare news:
Treasury Secretary Scott Bessent has unveiled a novel approach to U.S.-China trade tensions, with Nvidia and AMD agreeing to surrender 15% of revenue from certain AI chip sales to China in exchange for market access. Bessent touts the arrangement as a potential blueprint for other industries navigating Trump-era tariffs.
The tech sector is deploying creative strategies to mitigate tariff impacts. Apple committed to $600 billion in domestic investments over four years, while chipmakers pursue revenue-sharing models. These moves reflect an industry adapting to increasingly protectionist trade policies.
By:
