Mike Pence urges #Trump to rethink Nvidia deal, equity stake in Intel #shorts #trump #nvidia #intel
National Security Concerns - US government taking a position with a golden share in Nippon Steel or a percentage of Intel raises concerns [1] - Nvidia agreement is problematic due to existing export controls designed to protect national security [1] - Taking 15% of Nvidia's sales to China does not serve US national interest or security [2] Economic Philosophy - State-owned enterprise is not the American way; free enterprise is [2] - A free private sector with less taxes and less regulation has created the most prosperous economy [3] - Encourages a step back and a reevaluation of government involvement in private companies [2]