HE'S CALLING IT A DISPUTE AND SO
ARE A LOT OF OTHER PEP NOT QUITE
YET A FULL BLOWN WAR BUT AFTER
FEARS THAT PRESIDENT TRUMP WOULD
INTRODUCE HARSH MEASURES TO CURB
CHINESE INVESTMENT IN U.S.-BASED
TECH COMPANIES THE WHITE HOUSE
ANNOUNCED THE PRESIDENT WILL
TAKE A LESS AGGRESSIVE APPROACH
INCLUDING EXPANDED USE OF WHAT'S
CALLED THE COMMITTEE ON FOREIGN
INVESTMENT TO THE U.S. , CFIUS
IS THE SHORTENED VERSION OF IT.
HOW IS SILICON VALLEY REACTING
TO ALL OF THIS?
RESPECTED EMPLOYERS AND MILLIONS
HE SAYS SUCH MEASURES AGAINST
FOREIGN INVESTMENT COULD HURT
SILICON VALLEY'S INNOVATION
ECONOMY SO I BRING IN CARL GORDI
NO, THE PRESIDENT OF THE
LEADERSHIP GROUP IN A FOX
THE PRESIDENT HAS TAKEN A
PRESIDENT AND HIS ADVISORS LATER
TARIFFS ARE LIKE A BOOMERANG.
YOU THROW IT AT AN OPPONENT AND
IT COMES RIGHT BACK AND WACKS
THE WALLETS AND HEADS OF
AMERICAN FAMILIES BECAUSE TARIFF
THAT DOESN'T HELP ANYONE, BUT
INNOVATION AND AMERICAN JOB
CREATION HERE AND IT'S WHY WE'VE
REALLY LIKED THE WORDS COMING
OUT OF THE WHITE HOUSE LATER
THIS WEEK OF FINDING BETTER WAYS
TO APPROACH THIS THROUGH CFIUS.
LIZ: HOW IMPORTANT, CARL, IS
FOREIGN INVESTMENT IN SILICON
VALLEY STARTUPS AND SILICON
VALLEY ESTABLISHED COMPANIES?
>> IT'S INCREDIBLY IMPORTANT.
WE'RE A GLOBAL ECONOMY AND
WHETHER YOU'RE A STARTUP
STRUGGLING TO SURVIVOR A
INNOVATION.
IT SPURS AMERICAN JOB CREATION.
HOPE THAT NONE OF US WANT TO
PLACE THAT AT RISK.
LIZ: PRESIDENT TRUMP WAS JUST
SPEAKING AT THE BRAND NEW
FOXCONN WHAT IS GOING TO BE
THAT'S CERTAINLY A GOOD SIGN
THAT'S A TAIWANESE COMPANY BUT
SMARTEST GUYS IN THE ROOM IN
BE AND THEY'VE GOT TO
>> WE ARE THRILLED THAT THE
PRESIDENT AND HIS ADVISORS ARE
CONCERNED ABOUT INTELLECTUAL
PROPERTY AND THEFT.
THAT'S AN ISSUE THAT WE HAVE
BEEN FACING FOR DECADES AND WE
NEED TO FACE IT IN A SMART WAY
AND IT TAKES A SURGEON'S KNIFE
RATHER THAN A SLEDGEHAMMER TO
LOOK AT IP, AND WHAT WE'VE
IF WE CAN MOVE IN A MULTI
LATERAL WAY WE'VE SEEN THAT ON
ISSUES IN 2004 AND 2009.
CHINA RESPONDS MUCH BETTER WHEN
WE HAVE A GROUP OF ALLIES
CONFRONTING CHINA WITH US,
RATHER THAN ACTING ALONE.
IN TERMS OF FOXCONN IN WISCONSIN
, THAT'S EXCITING.
LINKED WITH MANUFACTURING,
ESPECIALLY ADVANCED
THAT HELPS OUR ECONOMY, BUT
CAME WITH $4 BILLION OF
INVESTMENT BY WISCONSIN TAXPAYER
ABOUT $300,000 PER JOB AT THAT
NEW FOXCONN FACILITY.
LIZ: CARL IT'S A FINE LINE
BETWEEN BEING VERY PROTECTIVE OF
OUR INTELLECTUAL PROPERTY IN THE
U.S. AND GOVERNMENT OVERREACH SO
WE WANT TO HEAR HOW THE REAL JOB
GENERATORS IN THE VALLEY ARE