Hello, I need help with this questions? https://www.wsj.com/articles/in-letter-c
ID: 354438 • Letter: H
Question
Hello, I need help with this questions? https://www.wsj.com/articles/in-letter-cfius-suggests-it-may-soon-recommend-against-broadcom-bid-for-qualcomm-1520869867please read chpt 7 discussing govt.intervention in Global Business and then read the WSJ article Mar14/18 p. B 1 beginning " Qualcomm discussing the Trump Adminstration decision to block the possible purchase of Qualcomm by Broadcomm on national security grounds. Do you feel that decision was appropriate and colnducted in the proper fashion? Extra Credit. In your opinion what may be the impact of President Trump's decision to impose tariffs on imported steel and aluminum
Explanation / Answer
President Trump blocked Broadcom’s proposal of $117 billion takeover of Qualcomm over security reasons however the amalgamation of the two chipmakers would have probably been the largest tech merger of all time and in fact would have brought together two of the largest organizations that produces processors equipped in mobile phones, computers and approximately the complete collection of connected devices.
Committee on Foreign Investment in the United States (CFIUS) alleged that Broadcom’s record of cutting down research expenditure and its aptitude towards confrontation of Qulacomm’s assets through associations with other overseas nations was the major pertaining issue.
However there’s stiff competition with international pressure for the most modern 5G connectivity technology which seizes out the assurance of tremendous speedy connectivity to facilitate the self-governing automated prospective of dynamic and industrialization that most tech administrators chase for and this was one of the motive why Google and Microsoft had voiced their major concerns in their opposition to the Broadcom acquisition deal.
US President Donald Trump enacted a 25 per cent import tariff on steel and 10 per cent on aluminum as he firmly believed that import duty hike would firmly facilitate to create jobs in US and also adequately benefit the industrial sector to a great extent.
Trump alleged that previous governments with their ad hoc policies had firmly destroyed the steel, aluminum and other related business. Thus his administration has aimed to build back the steel and aluminum business the policies were indeed firmly appreciated by the local steel and aluminum business sectors and few policymakers but portrayed sharp reaction from other sides who sensed that this would have a disadvantageous impact on the US economy.
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