The Broadcom-Qualcomm deal and Trump’s decision to block it, explained

What a fight between phone chip companies tells us about Trump’s trade agenda.

President Donald Trump on Monday evening intervened to quash an attempt from Broadcom, an Asian chipmaker, to take over Qualcomm, its American competitor, on the grounds that it would threaten US national security. Trump’s move was unprecedented, given that the companies hadn’t agreed to a deal yet. Broadcom is trying to reincorporate as an American company, but Trump appears to be effectively taking


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