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Nvidia, the world’s most valuable company, has found itself caught in the middle of President Donald Trump’s historic trade war with China. The result: an extraordinary concession from a $4.5 trillion corporation that will give the United States a percentage of every high-end AI chip sold in China.
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Is there a word for a tax like this? It's not quite an export tax (I don't think). It's like a tariff but not really that either.
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