Caroline Hyde

and capital outflows.

And so lawmakers there have really not been able to codify how this investment would go forward.

But we heard this morning from U.S.

Trade Representative Jameson Greer that time is up and South Korea needs to start moving.

Otherwise, the U.S.

will move to the next step, perhaps, and that is implementing a potential tariff increase.

Mike, the other news story at the intersection of tech and what's happening in Washington, D.C., is Intel pledging to match Trump account contributions for its employees.

What do we need to know about that?

Well, it's an interesting step, and it's one that other companies, including BlackRock, have already taken.

And Dell, of course, Michael Dell, the founder of Dell Computing, is one of the pioneers behind this Trump Accounts project and has made some big pledges that we've talked about on this program before.

But Intel is getting in line with that.

And of course, the stakes for Intel are quite different.

And when I say stakes, it's quite literal.

The U.S.

government owns

Currently, 5.5% of the company and is on course to own as much as 10% of the chipmaker.

And it's also interesting, Ed, that in December, the company hired Robin Colwell from the White House to serve as its next head of government affairs here in Washington.

So Intel is, in a way, really aligning with this initiative, the Trump accounts, which are designed to encourage saving and investment by parents for young children over the next several years to try to get people not only invested in the stock market, but saving over the long haul.

And in this way, Intel is trying to get on the right side of the story with the administration in another one of the president's priorities.

Bloomberg's Mike Sheppard, thank you very much.