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The White House's Proposal for a New App on Tool for Foreign Allies
allies are very concerned about the potential extraterritorial reach of the tool. They're also curious to learn more about the underlying and national security justifications. The first partner who is coming down the pike with a more detailed plan for how to move forward is the European Commission. There's some debate about whether this means you could invest in a Chinese automaker with a small chip design subsidiary that designs chips for its cars.