Beeson helps Trump to get kickbacks: sell blocked goods to China, just pay money

American Treasury Secretary Beeson praised in a television interview the "chip protection fee" model promoted by President Trump, claiming that this transaction of paying the government a portion of sales revenue in China to obtain export licenses is a unique and replicable arrangement that could be extended to other industries.

Beeson openly expressed his satisfaction, stating that this model allows American companies to make money in the Chinese market while also allowing American taxpayers to share in the profits to repay the national debt.

The core of this arrangement is that Trump tied the export approval, which was originally based on so-called "national security" standards, directly to economic interests.

Trump initially required a 20% cut from sales in China. After negotiations with companies like NVIDIA and AMD, it was set at 15%, and the Treasury is responsible for collecting it.

This money transaction logic is essentially no different from a kickback, simply exchanging permits for money.

Several U.S. lawmakers and experts are concerned that this will undermine the credibility of export controls, turning security policies into tools for making money.

But Trump obviously doesn't care about these concerns. Now, Beeson is starting to help Trump secure business deals.

He not only acknowledges the legality of this model but also actively seeks expansion scenarios, effectively sending a signal to other industries - as long as you pay money, you may have access to previously restricted export opportunities.

Therefore, everything is priced. In Trump's view, there is nothing that cannot be taken for money, as long as you have the courage and broaden your thinking, the ways to generate revenue are countless. As for the effectiveness of the control and the intensity of anti-China efforts, these are not what Trump prioritizes. The most important thing is to get the money.

Original: www.toutiao.com/article/1840414736226380/

Statement: This article represents the personal views of the author.