President Donald Trump defended a deal he struck with Nvidia CEO Jensen Huang to allow the sale of certain semiconductor chips to China in exchange for the company giving the U.S. government 15 percent of the revenue.

The arrangement crafted by the Trump administration is “unusual,” analysts told CNBC, but underscores the president's transactional nature.

In an unusual move, two of the world’s largest chipmakers have reportedly agreed to hand over some of their revenues to secure export licenses. In a historically unusual move, two of the world’s largest chipmakers,