On Friday, Fox Business – which typically extends the benefit of the doubt to allies of President Donald Trump – aired a segment that asked some blunt questions and made some blunt assertions about one White House official’s potential role in a “conspiracy” that has shocked the world over the past week. According to one frequent Fox contributor, Commerce Secretary Howard Lutnick “has a lot to answer for” if he was involved with schemes to smuggle banned microchips to China.

  • artyom@piefed.social
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    7 hours ago

    Excuse my naïveté but isn’t Trump the one who put these regulations in place in the first place? Why would he do that, only to conspire with Nvidia to smuggle them out?

    • dhork@lemmy.world
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      7 hours ago

      Why would he do that, only to conspire with Nvidia to smuggle them out?

      To make sure nobody else could get in on the grift.

      • Blue_Morpho@lemmy.world
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        5 hours ago

        It sounds like a conspiracy but he’s done exactly that before. He fired a Whitehouse teleprompter tech for trading on information he knew before it was public and then the very next day announced that he would be selling early access to his Truth Social posts before everyone else could read it.

    • 2hundredpancakes@lemmy.blahaj.zone
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      7 hours ago

      I’m not a professional, but I imagine this could accomplish:

      • make the admin look “tough on China” to the public eye
      • allow for under the table deal -> discrete income directly to Trump/associates’ pockets
    • Kirp123@lemmy.world
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      7 hours ago

      Could be that Trump didn’t know. Lutnick worked behind his back. Or Trump knew and didn’t care as long as it made him money.

      • SupraMario@lemmy.world
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        5 hours ago

        Trump %100 knew, as he had known for a year that Jensen was having an affair and who it was with. Pretty sure there was a report from the DOJ to him about the whole thing and he ignored it.

    • ceenote@lemmy.world
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      7 hours ago

      They started under Biden, apparently.

      “We have to beat China” is a bipartisan position among ghoulish politicians.