U.S. Treasury Secretary Scott Bessent stated on August 13 that the agreement allowing the U.S. government to take 15% of revenue from certain advanced semiconductor chip sales in China may expand to other industries.
In a Bloomberg TV interview, Bessent noted, "I think over time, we might see this model in other sectors. It’s unique now, but with a template and a pilot in place, why not broaden it?"
His remarks align with a White House statement issued the previous day.
Addressing potential concerns, Bessent emphasized no national security issues with the arrangement: "There are no national security concerns here. We’re not selling any advanced chips."
ICgoodFind: Expanding U.S. chip revenue sharing could impact cross-border trade across multiple industries.
