Hacker News new | ask | show | jobs
by bix6 265 days ago
What does the UAE get out of this? Is it just a massive financial loss in exchange for US market access?
2 comments

One of NYT's recent podcasts (The Daily) covered this, basically the Biden administration was reluctant to give the UAE access to Nvidia chips because of their close dealings with China. 2 weeks after this crypto investment, the white house agrees to give the UAE access to the chips.

Here's an article if you're interested: https://www.nytimes.com/2025/09/15/us/politics/trump-uae-chi...

Ty!
> What does the UAE get out of this?

What does the UAE gain by funneling $2B to Trump, who is notoriously a) transactional and b) one of the most powerful people on the planet?

yeah my question was around the return transaction which the other commenter answered
Being "transactional" requires you to hold up your end of the bargain, which Trump famously does not.

Trump is not transactional.

He's very transactional. He just regularly backstabs after he gets his end of things.
Is quibbling over a euphemism really worth the time? He’s corrupt, plain and simple.