Schumer: ‘Unequivocally’ Trump ‘Made the Right Decision’ Blocking Broadcom Buying Qualcomm

EXCERPT:

SCHUMER: “Now on another matter, this is a happy moment because many Democrats, certainly me, agree with the Trump Administration when they blocked the proposed bid by the Singapore-based Broadcom to purchase the San Diego-based Qualcomm on security grounds. Let me say unequivocally, President Trump and his administration made the right decision on blocking Broadcom from taking over Qualcomm. We all know that China has been rapacious about trade and very smart. They look for places where they can steal our best technology. They develop it there in China and keep us out of their markets and then try to flood the world with their products, sometimes dumping them. China has been rapacious — rapacious about trade, and, frankly, neither the Bush Administration or the Obama Administration did enough in my opinion. President Trump has a much better attitude.