If Chinese Want All Or Part Of FCA, Then It Has To Go Through Trump

If a Chinese company wants to buy part of an Italian-controlled automaker that's incorporated in the Netherlands and headquartered in the United Kingdom, it will still have to get past a national-security review by the U.S. government.

And it wouldn't be an easy hurdle to overcome.

The Committee on Foreign Investment in the United States, an interagency working group led by the U.S. Treasury Department, is responsible for reviewing deals that affect control of U.S. businesses and brands, even if the parent company is overseas, as in the case of Fiat Chrysler Automobiles, and even if the affected business lacks obvious defense ties. The reviews can last a month or more, and deals involving Chinese partners can be tied up even longer.

Read Article

MDarringer - 8/28/2017 8:51:38 AM

+6 Boost

Trump will have no problem with it as long as the Chinese agree to American production and jobs.

CANADIANCOMMENTS - 8/28/2017 9:21:02 AM

+1 Boost

As well the FCA group (USA portion) has little in the way of IP for autonomous vehicles or any other AI or Cognitive technology. Nothing to be concerned about in terms of national security or giving the Chinese access to secret technology.
Jobs will be first and foremost in this decision.

carloslassiter - 8/28/2017 8:09:37 PM

-3 Boost

If you have a difficult problem to solve, you can bet Donald Trump will carefully consider all the facts and make a reasoned, intelligent decision. Oh wait, actually he'll just blurt out something crazy and allow members of his team to explain what he actually meant, after which he will contradict them, and then blame the media.

MDarringer - 8/28/2017 8:58:10 PM

+4 Boost

poor cow...hillary lost...go to your snowflake safe space

carloslassiter - 8/28/2017 10:19:20 PM

-3 Boost

Hillary isn't the president, nor did I vote for her. Don is in charge, so let's try to focus on his significant achievements so far. From my vantage point it seems like a complete sh*tshow at every turn. Maybe I missed all the good things he's done? The great team he has assembled? Masterful job on race relations? Getting Mexico to pay for the wall? WTF am I missing?

MDarringer - 8/29/2017 8:06:21 AM

+4 Boost

Yeah, dropping the national debt 100 billion dollars is no biggie. Employment way up is no biggie. I guess your dream of living in a sanctuary city with compulsory EV usage under Shariah law will have to go on hold.

As for race relations in the USA, they have always been bad and Obama set them back 50 years with his incessant race baiting. To pretend otherwise is just your Liberal, Fascist-Socialist indoctrination speaking.

jameswisrik - 8/30/2017 8:30:47 PM

+3 Boost

MDarringer ... your a idiot just like chump trump. What has he done ...nothing. He takes credit from the last administration and the fed reserve policies. Dump Trump has done nothing except cause trouble and hawk his hats for sale to suckers like you. Please if you give him so much credit, when shit hits the cooling fan...be sure to give him credit for that. MDarringer=Dumbass=Trump=Russia=China=communist

skytop - 9/1/2017 8:51:32 AM

0 Boost

Hmmm....let's see. The glorious ignorant leader hussein obamma drove a hard bargain and sold Chrysler for ONE DOLLAR. That Kenyan wing nut really drove a hard bargain. That what you get for electing a common gutter street organizer for executive office.

KoruKinshi - 9/1/2017 2:45:26 PM

+1 Boost

Proof on that $100 billion debt reduction. Because as an Enrolled Agent, and being fully informed of the debt clock's movement & tax implication, that statement is full of $#!+.

Also, fascism is a right-leaning concept. And why the flying hell are we talking politics? You want to buy American??? Go buy a Toyota truck or a Mercedes ML. Hell, even a VW Passat.

Seriously, now.