The recent actions by the Trump regime regarding trade policies are not only illegal but also pose significant threats to our economy and national security. I urge Congress to take immediate action to halt both the ongoing illegal import tariffs and the newly proposed export revenue sharing scheme.
The regime's import tariffs have long been criticized as unlawful. Now, a dangerous precedent is being set with a new deal allowing tech giants Nvidia and AMD to sell AI chips to Chinese companies in exchange for sharing 15% of their revenue with the U.S. government. This arrangement effectively creates an export tariff and raises serious legal and ethical concerns.
This deal marks a stark departure from previous policies blocking these exports, and experts warn it could create the perception that export controls are "up for sale." Such a transactional approach to tech policy and trade undermines our national interests and the integrity of our regulatory system.
The implications of this deal extend far beyond immediate economic considerations. It could significantly impact U.S.-China tech competition and raises alarming questions about government overreach in tech regulation. Moreover, it sends a troubling message about the consistency and reliability of U.S. trade policies.
Congress must act swiftly to:
1. Challenge and stop the illegal import tariffs that have been harming American consumers and businesses.
2. Investigate and halt the new export revenue sharing arrangement with Nvidia and AMD, which may violate export control laws.
3. Establish clear, consistent, and lawful policies regarding tech exports and trade with China.
The stakes are too high to allow these practices to continue. Our nation's economic future, technological leadership, and the rule of law are at risk. I implore you to take decisive action to protect American interests and uphold the integrity of our trade policies.
First sent on August 18 by Coleman · 3,714 signers in
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