Newsom Criticizes Trump's Intel Deal Amid GOP Concerns and US Industrial Policy Shift
TL;DR Summary
California Governor Gavin Newsom criticized former President Trump's deal for the federal government to take a stake in Intel, calling it reckless and comparing it to China's nationalization practices, and expressed outrage over the implications for private industry and national security.
Topics:business#china-export-controls#gavin-newsom#nationalization#politics#silicon-valley#trump-intel-deal
- ‘It sickens me to the core’: Newsom slams Trump's Intel deal Politico
- Trump’s federal stake in Intel prompts GOP complaints The Hill
- Trump says government will make deals like Intel stake 'all day long' CNBC
- Most Sovereign Wealth Funds Are Poor Performers. The U.S. May Still Get One. Barron's
- Investors worry Trump's Intel deal kicks off era of US industrial policy Reuters
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