• redjard@lemmy.dbzer0.com
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    7 hours ago

    States can control who companies do business with, and also who buys and sells them.
    I’d be surprised if the US let any foreign actor buy Intel, and pretty sure specifically US chip companies (production, design, and IP) are barred from doing most kinds of business with China.

    • Bronzebeard@lemmy.zip
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      5 hours ago

      This is the admin that allowed Japan to buy US Steel, which the previous admin had not allowed, WHILE also putting tariffs on steel to attempt to force domestic steel manufacturing to be competitive… it’s inconsistent, and doesn’t bode well for other such domestic industries.