Mr. Wang paid a million dollar a plate dinner to be with the President. Mr. Wang's company has donated to the president's ballroom. And Commerce Secretary Howard Ludnick's former company, now run by his son, stands to make loads of money if Nvidia's stock surges. Those are just the most obvious possible reasons to cut this deal. And who knows what else Mr. Hwang might have done behind closed doors to persuade President Trump and Secretary Ludnick into making this dangerous concession. (00:11–00:22)
CLAIM
Asserts that Howard Ludnick's former company could profit if Nvidia's stock increases.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
