U.S. Treasury Secretary Basent: Trump proposed an agreement with NVIDIA, which is a unique solution. I can envision similar arrangements to NVIDIA emerging in other cases over time. I do not want Huawei to have the digital Belt and Road.

Taxpayers benefit from NVIDIA's sales in China. We can discuss the use of NVIDIA chips with China. A lot of Chinese technology is modeled after U.S. development. Revenue from the NVIDIA arrangement will be used to pay off debt.

My point is that China will bear these tariffs. We are seeing a return to normal, pre-pandemic profit margins. We are talking about synchronized prosperity for Main Street and Wall Street.

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