Trump Cuts Big Breaks for Businesses He Has Stakes In

President Donald Trump’s latest investment filings reveal that he owns $1.2 million to $2.65 million worth of stock in Apple and Nvidia, two tech companies that he recently granted special concessions in his ongoing trade war.

Last week, the president announced Apple would be exempted from a 100 percent tariff on semiconductors, and this week, Trump agreed to let Nvidia sell artificial intelligence chips to China in exchange for the U.S. government receiving a 15 percent cut of the revenue.

The deals had already come under fire, with critics blasting the Nvidia arrangement in particular as an illegal tax or a bribe.

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