Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Trump's deal puts our national security on sale
Gulf Today
|August 16, 2025
The White House named the price — 15% of their revenues from such sales - and the companies assented willingly. Never mind that the exports originally had been banned — by the Biden administration and Trump himself - because of national security concerns
One thing that can be said about Donald Trump's transactional approach to policy-making is that, as destructive as it might be to our economic health, it gives business leaders clear options to get what they want out of the White House.
The latest casein-point are the deals struck by chipmakers Nvidia and AMD to secure licenses to export their products to China. The White House named the price — 15% of their revenues from such sales — and the companies assented willingly. Never mind that the exports originally had been banned— by the Biden administration and Trump himself — because of national security concerns. Never mind that the US Constitution explicitly prohibits charging any tax or duty on exports. Never mind that a stack of US laws, including the Export Control Reform Act of 2018, which Trump signed, don’t provide a pay-to-play escape clause from export restrictions.
Denne historien er fra August 16, 2025-utgaven av Gulf Today.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Gulf Today
Gulf Today
India issues heatwave notice as El Niño fears loom
India’s weather agency warned on Wednesday of the risk of upcoming “extreme” heat made worse by the potentially powerful El Niño weather pattern, issuing heatwave preparedness guidelines as temperatures soared.
1 mins
May 21, 2026
Gulf Today
Aster treats Pak national for complex heart disease
Demonstrating excellence in advanced cardiac care, Aster Hospital, Al Qusais has successfully treated a 32-year-old man suffering from a severely narrowed heart valve caused by rheumatic disease (rheumatic mitral stenosis) using a highly specialised and innovative surgical approach known as the “Ship Technique.”
1 mins
May 21, 2026
Gulf Today
World slams video of Gaza flotilla activists
Israel's far-right national security minister posted a video on Wednesday showing detained activists from a Gaza-bound flotilla kneeling with their hands tied and foreheads on the ground, sparking international condemnation.
1 mins
May 21, 2026
Gulf Today
Xi and Putin condemn America’s irresponsible N-policy at summit
China and Russia condemned US President Donald Trump's Golden Dome missile defence shield plans and Washington's “irresponsible” nuclear policy at a summit on Wednesday, a week after President Xi Jinping hosted Trump in Beijing.
3 mins
May 21, 2026
Gulf Today
Ex-PM Ashraf responds to drug queen Pinky’s allegations
Former prime minister and senior Pakistan Peoples Party (PPP) leader Raja Pervez Ashraf on Wednesday reacted to alleged drug baroness Anmol alias Pinky purportedly naming him as a client, saying that he had led a spotless life.
2 mins
May 21, 2026
Gulf Today
Shahbaz directs deployment of FC in Rakhshan for goods truck
Prime Minister Shahbaz Sharif has directed the deployment of Frontier Corps (FC) in the Rakhshan Division of Balochistan for security purposes while the Balochistan Goods Truck Owners Association has announced suspension of loading and transportation of chromite, marble and other minerals across the province, citing repeated attacks on vehicles, lack of security, and widespread extortion by various elements.
1 mins
May 21, 2026
Gulf Today
UAE flays drone attacks on Barakah from Iraqi territory
Ministry urges Iraq to immediately and unconditionally halt, prevent all acts of aggression launched from its territory; IAEA praises UAE, warns attack on Barakah threatens N-safety; Trump says talks with Iran in final stages.
3 mins
May 21, 2026
Gulf Today
Eid Al Adha exhibition starts with discounts up to 75%
More than 100 international, regional and local brands representing leading retailers across the fashion, fragrance, accessories, consumer goods, and cosmetics sectors have been participating in the 6th edition of the Eid Al Adha Exhibition that opened on Wednesday, at Expo Centre Sharjah.
1 mins
May 21, 2026
Gulf Today
Hamaguchi’s ‘All Of A Sudden’ earns longest ovation at Cannes
The Cannes Film Festival is not a place that’s conducive to taking your time. Festivalgoers rush frantically between screenings.
3 mins
May 21, 2026
Gulf Today
Hoor Al Qasimi establishes Sharjah Design Council
Sheikha Hoor Bint Sultan Bin Mohammed Al Qasimi, Head of the Sharjah Creative Quarter (SCQ), has issued an administrative decision establishing the “Sharjah Design Council,” to be followed by the launch and establishment of “Sharjah Design Days,” as a specialised platform bringing together designers, creatives, and specialists from around the world to work on developing the design ecosystem and strengthening its presence regionally and globally.
1 min
May 21, 2026
Listen
Translate
Change font size