Senate Minority Leader Chuck Schumer stunned his congressional colleagues earlier Tuesday when he âunequivocallyâ praised President Trumpâs decision to block a foreign takeover of US microchip producer Qualcomm; saying he âmade the right decision.â
Schumer was addressing his fellow lawmakers on the Senate floor when he hailed the Commander-in-Chiefâs move to block the merger; saying China commonly looks âfor places where they can steal our best technology.â
âLet me say unequivocally, President Trump and his administration made the right decision on blocking Broadcom from taking over Qualcomm,â Schumer said Tuesday at the US Capitol.
âWe all know that China has been rapacious about trade and very smart. They look for places where they can steal our best technology,â he added.
Earlier this week, the President ordered the tech company to halt all activities having to do with the merger, saying the move may pose a threat to US national security.
Qualcomm produces a wide variety of microchips commonly found in American computer servers, smart phones, cellular networks, Department of Defense contracts, and other highly-sensitive infrastructure.
Watch Schumerâs stunning admission above.