Conversation

If I was an NVIDIA Shareholder I’d sue immediately

7.7K

@alwayslearni

Buck Saxe-Coburg and Gotha

Can you see the connection?

Quote

Jukan

@Jukanlosreve

Aug 9

Chinese state media have begun criticizing Nvidia’s H20 chip. It makes me think China might actually impose sanctions on the H20 chip. x.com/Jukanlosreve/s…

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∵ Chris ⌱ Philly

@chris99xgi

*** <sophomoric er·ra·tum> *** a reflection's origin flows just like a memory you see the source, yet, it is infinite for perspectives have no ends, only beginnings *** <beginning 11:11 journey> ***

Im sure mainstream

are right on this?

Trump did not have to allow the chips to be exported AT ALL. The agreement was not a “tax” it was an agreement between the federal government and Nvidia to allow them to export the chips.

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Ratio_Disputati

@Ratio_Disputati

But Nvidia did agree as a condition of being given export permission for computer chips, which are closely controlled under EAR and ITAR.

Is it a tax or a fee?

5.3K

@microondas____

10h

Remember when GM was nationalized?

497

Meat Flap Pretend Penis

@EarthwormJFan

Donbas Samizdat (Донбасс Самиздат)

I thought you were sad when the constitution was adhered to?

No surprise there... Act I was the news last week that NVDA was granted licenses to sell the H20 chips to China... Act II = the shakedown artist in the White House makes sure that the government (and maybe him?) gets a cut. P.S. Either way, glad I'm still holding 7,000 shares

Taiwan is not a state lmao

Respectfully, the president isn’t Congress. Maybe read the image you included again bud

The Feds don't have to grant the export license.

Export controls are legal and the government can simply ban exports of these sensitive chips to China entirely. Which they should.

What's comical is your support for China..

It’s not a tax, it’s an export license fee.

what is everyone on about congress hasn't done anything nvidia can make any voluntary deal it wants this is pretty stupid but it's not illegal or unconstitutional

Watching you freak out about the US government confiscating money from anyone other than American taxpayers makes me very happy. You're happy to give hundreds of billions to Ukrainian oligarchs but unhappy when it costs more for Chinese companies to buy GPUs.

Is Taiwan a state you fucking idiot?

Do these count as exports? They are manufactured and packaged in Taiwan and don't need to be physically located in the US at any point afaik

Regarding constitutionality in the Trump era, I have a quote from CJ Roberts

The way business elite have utterly debased themselves for Trump has been horrifying and utterly shameful. I know they’re amoral but they didn’t even try to stick up for themselves. If a D tried this shit, there’d be a coup

2.3K

@DonbasDIY

Defund PA Racehorse Owners

My god, this level of corruption is way more overt & beyond anything ever seen. This is worse than Russia

422

Warp

@warpdotdev

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there are many different ways in which this is illegal

This Supreme Court sometime soon: “these tariffs are imposed by the President as a matter of national security and as such the export clause shall not apply as it only pertains to tariffs imposed by Congress”

but but but it's not a tax if they pay it "just because". Like it's totally not a bribe that Tim Cook gave trump a gift and his company got restrictions exempted from them. This entire administration is totally normal and doing legal things!

I mean if Trump asks nicely and the companies are agreeable why not allow them to make a voluntary contribution without concerning the legal formalities. /s

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@CaralhoPhilly

This is like racketeering levels tbh

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@KG7G8z0M5y2A1

Chances its challenged in court?

This is effectively just a negotiated ITAR exemption fee. You'd have to argue that entire system is unconstitutional (and could maybe have a case,) but it would mean you couldn't put any restrictions on exporting sensitive tech

All this time I thought the Constitution was the supreme law of the land but it turns out it's just a bunch of suggestions. If we don't enforce it, how do we expect citizens to respect it? We're losing more than we realize.

Myles

@1620american

Not that I agree with the action, but this clearly doesn’t apply when the chips never touch US soil and are being sent straight from Taiwan

Classic Movies

@ClassicMP

I wonder what their shareholders are gonna think of this. Personally, I see a lawsuit in

’s future.

I mean, normally companies just kick the money back to politician’s directly, this is a little better… I guess

@mattlogical

Grzegorz Brzęczyszczykiewicz

They know it. The plan is doubtless to wait out the madman then get a court to reverse later.

Institutions are folding. Looks like we'll see what they have in store for DC. Maybe that will wake some folks up.

why would they not sue

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天造地设

@zaa_warudo_

The only keeping muh rule of law is precedent Once those are broken youll never get them back

@grzegorzthegood

16h

It’s a voluntary deal so I don’t think this is relevant.

Donald Trump is a thug who rules via extortion.

I mean lots of people care, it just remains to be seen when (if ever) our interests will be heard. But im more paper tiger theory. I will say trump 2.0 has made me much more sour on corporate America. Tax the fuxk out of those fucks

It’s beyond breathtaking- The level of abdication by the gop is unprecedented

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Fox Butterfield

@NunyaDanBiznez

True. But they can prohibit sales. Which gives them the power to ask companies to "voluntarily" pay. I dont like it. I bet it is written up as a fee.

The Systems Questioneer

@SystemSkeptics

Grok Imagine is NEXT level! Star Wars vs Walking Dead? Let’s duel!!

Create your own on Grok iOS and Android.

There are amendments for dealing with tyrants.

Laws don’t matter anymore

I guess it falls under the "it's not a bribe if it's paid after the act" that the Supreme Court decided.

John Burns

@BurnsXxbaby

If that is unconstitutional, how come when passed the president’s banned the importation of assault weapons? It wasn’t thrown out by the Supreme Court. The reason is foreign policy is strictly the domain of the executive branch.

Utterly insane

We are now living in a gangster state. This is basically racketeering.

Who is going to stop it?

What's the constitution?

Call it what it is - Italy 1925-26

Awl 'D' Best

@Demoncoww

Yes, Congress cannot put forth this notion. The executive branch, however, is not Congress.

care to weigh in here?

Are export duties that are proposed for Nvidia and AMD unconstitutional?

Paresh

@Psps69919765

So the shareholders should file a class action suit against the company, the CEOs and the government.

Riley the Dog

@RilesTheDog

If the Dems ever get back in power they should just sign an executive order banning automatic rifles and allowing Abortion to be legal nationwide.

744

@apandcptng

And that’s if Congress was doing it, not even the executive!

Import-Export clause restricts states, not the federal government

Cesar Madrigal

@DHARMAPALAS

Kirsten L. Schneider (blue-check ‘cuz word limits)

Aren't those chips made in Taiwan?

519

I care.

Have you met Brett Kavanaugh?

It’s a troll tax

Trump believes he is the government now.

your take?

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340K

Cryptic_Vyper (Bryttany Messina)

@Cryptic_Vyper

Glad I buy AMD and not NVidia.

Meerkats

@MeerkatsRMammal

If only SCotUS had NOT ruled that he can crime it up...as long as he's in the White House

Sheamus Heaney

@BrianFeet

19h

Did you read it? The President and Congress are different. What about Cuba, Russia, etc?

Yanks call me stupid or worse every time I point out that Puerto Rico isn't part of the United States, but any time they want to screw Puerto Rico over it turns out they got experts like gringarican Christina Duffy Burnett to assert it to their advantage: constitution.congress.gov/browse/essay/a

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@abofnc

Gangsta_Mermaid (Special)

The trumpers the sweet, sweet taste of communism with that delicious aroma of oligarchy.

It sounds like extortion, but this administration frequently behaves less like a government and more like an organized crime syndicate.

252

@mermaidbackup_

This was back in May....

Blakenflake

@Blakenflake

They're producing the chips in Taiwan. So, if they want to import any chips back into America they'll have to pay tariffs or sign a trade deal with whatever agreement is satisfactory to both parties.

Bertolli

@ArchGotta

The chips are being sold from Taiwan, not a US state

Kari

@klmillerpa

16h

Taking an oath to uphold the Constitution is now just a performance in this country.

Bryxenion

@Bryxenion

Carry comfort and faith in the palm of your hand. Tap the link in the comments (or video) to grab yours now. Follow us: x.com/Bryxenion

"Trump Constitution" supersedes.

RoadTrippingCat

@colonialcountr3

Exactly who is enforcing the laws again?

Unless the H20 is manufactured/assembled in an US State or Territory, that clearly doesn't apply.

Gary ward

@GarysXad

You need to read the constitution

Philip Pierce

@PhilipSPierce

13h

Trump doesn’t understand much but he understands corruption.

BERLIN T

@TonyWeb80791059

Hack the Govt to get some blackmailable material, pay 0

It's not an official tax, Nvidia and AMD are freely agreeing to just give the government the money. It just sounds like a really dumb loop hole. But hey, more "tax" money from these ultra wealthy corporations. Democrats are all about that.

jdkahler

@jdkahler

22h

Well it says congress so certainly king Donold can do something like it.

Godfrey Parkin

@gparkin

17h

Giving a cut of revenues to the government is bizarre. A cut of profits maybe (that's tax). But 15% of revenues is financially grossly irresponsible, and I'd expect the CEO and CFO to be crucified at the next AGM. (For MAGAs, that's a metaphor, not an actual execution).

Brad (Kто? / кого?)

@Brad49649135

not sure can you start with a CONUS clause and sketch an argument?

maybe: Robert

@rfloreslv

Only woke libatards follow the constitution

GIF

Idiot. That only applies to trade between states within the USA. Not other nations.

Richard Talaber

@yankeerick1

Who levied and export tax? I know there are export controls, but who signed off on an actual export tax?

Crab

@Taxi8o

20h

i have this idea, lets call it "broken windows policing" where we start enforcing the law in the cities, and maybe that makes its way to the state, and then perhaps a single person will give a fuck when the federal government breaks a law, until then, who gives a shit

Anti trust laws

@JackHates1Amend

23h

I mean, is Trump "Congress" tho?

Gru’s Top Guy

@MagusJourney

You should stick to reviewing pizza dumb fag. The same guy who wrote that proposed the Tariff Act of 1789

scout

@scoutisout4343

19h

Not being a smart ass truly asking how is it violating the constitution

Fast food junkie’s a bad constitutional expert. Have more

Robert Lipps

@Marginmn

17h

It’s not unconstitutional if the companies agree to the arrangement as part of the terms to obtain an export license for critical goods that otherwise would not receive said export license. But yes - it does feel like a shakedown - but a legal one unless they sue.

Alfred Capone

@acopo1024

13h

Joe read the first line of your screenshot. See where it says "prohibits Congress..." Did Congress pass this tax on Nvidia for their exports? No? Then it's not unconstitutional.

Daniel Larsen

@dscottlarsen

13h

Elect a convicted felon, expect criminal activities.

Cran’s Cable Network

@KCran7

But the FBI is going after any judge that opposes Trump and the SCOTUS is openly in his corner so…

GIF

Daniel

@NineEightSix

Laws are for immigrants and democrats

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J.D.

@EconoMath

Since when are chips manufactured in Taiwan or South Korea exports from the United States?

ThisBirdHasFlown

@TFlown4457