Cabot Phillips
👤 SpeakerAppearances Over Time
Podcast Appearances
We've seen professors from Harvard, the Cleveland Clinic, West Virginia, and Tennessee charged with selling medical and military secrets to the CCP.
We've seen professors from Harvard, the Cleveland Clinic, West Virginia, and Tennessee charged with selling medical and military secrets to the CCP.
Exactly. Now, some folks might not see a problem with these researchers bringing in a fungus. But given Beijing's recent history, you can see why the DOJ is not messing around. It's also part of why the State Department is moving to revoke the visas of Chinese students with ties to the Communist Party.
Exactly. Now, some folks might not see a problem with these researchers bringing in a fungus. But given Beijing's recent history, you can see why the DOJ is not messing around. It's also part of why the State Department is moving to revoke the visas of Chinese students with ties to the Communist Party.
The administration says it's simply foolish to open up our labs and other facilities to researchers who will turn around and hand it back to Beijing. Keep in mind, while nearly 300,000 Chinese students are currently enrolled at American universities, fewer than 1,000 American students are enrolled at Chinese universities.
The administration says it's simply foolish to open up our labs and other facilities to researchers who will turn around and hand it back to Beijing. Keep in mind, while nearly 300,000 Chinese students are currently enrolled at American universities, fewer than 1,000 American students are enrolled at Chinese universities.
A big reason is that Beijing is highly restrictive when it comes to student visas for Americans. Trump administration says that discrepancy should tell you all you need to know.
A big reason is that Beijing is highly restrictive when it comes to student visas for Americans. Trump administration says that discrepancy should tell you all you need to know.
So for context, back in 2023, Japan's Nippon Steel offered $15 billion to acquire U.S. Steel. That's the second largest steel producer here in America. The company's board and shareholders approved the deal, but President Biden in January blocked the acquisition, saying it was critical to national security to ensure that America maintains ownership of U.S. steel.
So for context, back in 2023, Japan's Nippon Steel offered $15 billion to acquire U.S. Steel. That's the second largest steel producer here in America. The company's board and shareholders approved the deal, but President Biden in January blocked the acquisition, saying it was critical to national security to ensure that America maintains ownership of U.S. steel.
So the deal seemed dead in the water. But over the weekend, President Trump announced that after long negotiations, Nippon had agreed to a merger that would preserve American ownership of U.S. Steel. Specifically, moving forward, the majority of the company's board must be American citizens, while C-suite employees, including the CEO, must be American as well. And the U.S.
So the deal seemed dead in the water. But over the weekend, President Trump announced that after long negotiations, Nippon had agreed to a merger that would preserve American ownership of U.S. Steel. Specifically, moving forward, the majority of the company's board must be American citizens, while C-suite employees, including the CEO, must be American as well. And the U.S.
government itself will still hold a golden share, as they're calling it, giving them veto power over key decisions for U.S. Steel. Here's President Trump making that announcement in Pennsylvania this weekend.
government itself will still hold a golden share, as they're calling it, giving them veto power over key decisions for U.S. Steel. Here's President Trump making that announcement in Pennsylvania this weekend.
As part of the agreement, Nippon will now invest $14-plus billion into new steel facilities in Indiana, Arkansas, Minnesota, and Alabama. Some estimates say the deal could result in 150,000 new jobs for Americans. Wow. And according to Trump, every U.S. steel employee will also receive a $5,000 bonus.
As part of the agreement, Nippon will now invest $14-plus billion into new steel facilities in Indiana, Arkansas, Minnesota, and Alabama. Some estimates say the deal could result in 150,000 new jobs for Americans. Wow. And according to Trump, every U.S. steel employee will also receive a $5,000 bonus.
As part of his effort to protect American steel manufacturing more broadly, Trump also announced that he would be doubling the tariff on foreign steel imports from 25% to 50%, a move that was, as you can imagine, very popular with the steel workers he spoke to in Pennsylvania.
As part of his effort to protect American steel manufacturing more broadly, Trump also announced that he would be doubling the tariff on foreign steel imports from 25% to 50%, a move that was, as you can imagine, very popular with the steel workers he spoke to in Pennsylvania.
Yeah, this time last month, amid tariff uncertainty and fears of a recession, President Trump's numbers were on the decline. falling on average to 45% approval and 52% disapproval. So he was seven points underwater. But following this flurry of trade deals we've seen and encouraging jobs and inflation reports, he is gaining ground fast.
Yeah, this time last month, amid tariff uncertainty and fears of a recession, President Trump's numbers were on the decline. falling on average to 45% approval and 52% disapproval. So he was seven points underwater. But following this flurry of trade deals we've seen and encouraging jobs and inflation reports, he is gaining ground fast.