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Yesterday I believe he said it still needs to be at least 50% owned by a US company. If that remains the case I doubt anything will change and this is just a d
by nerdjon 2y ago
Yesterday I believe he said it still needs to be at least 50% owned by a US company.
If that remains the case I doubt anything will change and this is just a delay. They made no indication of selling being an option.
So realistically is this anything more than political theatre?
- owlninja 2y agoWe've lived through this administration once before, it is a flurry of headlines so you can't keep up with anything else.
- runako 2y agoThe law was rushed through before; he could ram through a law canceling the original. As with the original, no research would be required and so theoretically could be signed law by the weekend if desired.
- SpicyLemonZest 2y agoThey considered a 20% owned joint venture last Trump administration, so a 50% deal seems like a stretch but not impossible. (It's surely not a coincidence that China also has a 50% joint venture requirement for foreign companies.)