US President Donald Trump. Photo: APUS President Donald Trump has decided to block the takeover of chip maker Qualcomm by Broadcom, to protect national security. The US argues that Broadcom will cut research spending at Qualcomm and hence allow Chinese company Huawei to take a lead in 5G telecom technology. Trade frictions are now being supplemented by investment curbs in strategic industries; our editorial today deals with digital protectionism. Even German Chancellor Angela Merkel has reportedly said that one of her main concerns is growing Chinese strategic interests in Europe.

Source: Mint March 13, 2018 18:11 UTC