alt.hn

2/3/2026 at 9:00:37 PM

Trump's UAE Chip Deal Is a National Security Risk

 https://www.bloomberg.com/opinion/articles/2026-02-02/trump-s-uae-chip-deal-is-a-national-security-risk

by voxadam

2/3/2026 at 9:39:45 PM

I'm mostly surprised by the shameless corruption by a sitting US president, together with everyone complicit, rather than worried about the risk of US's national security.

> The Journal reported on Saturday that just days before Trump’s inauguration, an enterprise backed by Sheikh Tahnoon secretly agreed to pay $500 million for a 49% stake in World Liberty. Trump’s son, Eric, signed the deal, two of Sheikh Tahnoon’s deputies joined World Liberty’s board, and the Trumps got about $187 million from the transaction. The Journal said that at least $31 million was designated for entities tied to the family of Steve Witkoff, a World Liberty co-founder. Witkoff — whose son, Zach, also co-founded World Liberty — is now Trump’s special envoy to the Middle East.

by embedding-shape