Will the Market’s Gains Follow Cohn Out the Door?: DealBook Briefing

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Resending as thread: The letter from CFIUS on Broadcm and Qualcomm is remarkable and a must read. One of the security risks cited is the operation of Q in a private equity manner, with underinvestment in R&D! Of course, Huawei and China make an appearance: https://t.co/KlkZXMAOdj

The ramifications of a broad-based investment approach by CFIUS to approval of deals has wide-spread ramifications. With the tariffs and CFIUS we are entering into a realpolitik of American trade.

This realpolitik acknowledges that China uses its antitrust policy to obtain technology from US companies, China and many other countries prohibit U.S. investment in certain industries and the state apparatus benefits domestic companies. The U.S. is merely playing catch-up.

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