There's a small problem with Trump's export deal with Nvidia and AMD: The Constitution says it's illegal

[Yo_Mama_Been_Loggin]

Good morning. The U.S. government’s unprecedented 15% revenue-sharing agreement with Nvidia and AMD on Chinese chip sales could be coming to a company near you. U.S. Treasury Secretary Scott Bessent called it a “beta test” in a Bloomberg TV interview yesterday, adding, “we could see it in other industries over time.”

This comes at a time when new tariffs are bringing in enough money to slow the growth of America’s $37 trillion national debt, according to the Committee for a Responsible Federal Budget.

If, as Bessent argues, the White House chips deal passes muster because there are no national security concerns that necessitate export controls on these particular products, another issue remains: Article 1, Section 9, of the U.S. Constitution, otherwise known as “the export clause,” states plainly that “No Tax or Duty shall be laid on Articles exported from any State.”

When efforts to impose excise taxes have gone before the Supreme Court in the past, such as the United States v. IBM or the United States v. United States Shoe Corp., the Court ruled in favor of business. In the first instance, IBM successfully fought a tax on insurance for goods bound for export. In the second, the United States Shoe Corp. was spared a fee on exports going through U.S. ports.

https://finance.yahoo.com/news/small-problem-trump-export-deal-090558441.html

But today's SCROTUS might go the other way.

[harumph]

1. I don't think the Constitution matters to Republicans.

Maybe just the bits that either help or at least don't impede their agenda. Much like their interpretation of the bible.
It's all about what they want.