Can you give your honest opinion on foreign takeovers of American companies?
To be candid, foreign acquisition of domestic companies can bring in much-needed capital, advanced technology, and better market access to the USNot only that, but it can also generate job opportunities and intensify competition in the market.
To be frank with you, I don't necessarily think that always pursuing foreign acquisitions is in our best interestsHowever, I don't think it's fair to say that every single one of them is a bad ideaYou have to look closely at the specific circumstances.
To be candid, foreign acquisition of domestic companies can bring in much-needed capital, advanced technology, and better market access to the USNot only that, but it can also generate job opportunities and intensify competition in the market. To be frank with you, I don't necessarily think that always pursuing foreign acquisitions is in our best interestsHowever, I don't think it's fair to say that every single one of them is a bad ideaYou have to look closely at the specific circumstances. To be upfront, I am extremely concerned about adverse outcomes of foreign investments, including loss of domestic control, decline in job opportunities, and potential security threats. Frankly speaking, I believe that allowing foreign ownership of US-based companies is a significant errorThe possible consequences are dire - it could lead to job losses, negative effects on local areas, and the abandonment of domestic controlAs a result, the government must act immediately and enforce more stringent rules to prevent foreign acquisitions altogether.