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US Treasury chief says other sectors could see chips deal model
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US Treasury chief says other sectors could see chips deal model
Aug 13, 2025 5:35 AM

WASHINGTON, Aug 13 (Reuters) - U.S. Treasury Secretary

Scott Bessent on Wednesday said an unprecedented deal to give

the U.S. government 15% of revenue from sales of some advanced

semiconductor chips in China could move to other sectors, and

rejected national security concerns.

"I think we could see it in other industries over time. I

think you know, right now, this is unique. But now that we have

the model and the beta test, why not expand it?" he told

Bloomberg Television in an interview, echoing White House

comments one day earlier.

"There are no national security concerns here. We would not

sell any of the advanced chips," Bessent added.

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