Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
'National Security Threat Written All Over Them': Schumer Decries Trump's Chips Deal With Saudi, UAE
Forbes Breaking News
Follow
5/20/2025
During remarks on the Senate floor Monday, Senate Minority Leader Chuck Schumer (D-NY) spoke about President Trump's deals with Saudi Arabia and the UAE on chips production and AI.
Category
🗞
News
Transcript
Display full video transcript
00:00
Now on the Saudi chip deal. Today I'm
00:04
joining with Senator Warren to lead
00:06
Senate Democrats and calling on
00:07
Secretaries Lutnik and Rubio to hit
00:09
pause on a number of chip deals Donald
00:13
Trump announced last week with Saudi
00:15
Arabia and the UAE. I'm alarmed that
00:18
these deals announced by Donald Trump
00:20
which involve the most advanced AI
00:22
related semiconductors have national
00:25
security threat written all over them.
00:27
Without clear and enforceable
00:30
protections I'm worried that these chips
00:33
will gradually end up in the hands of
00:35
the Chinese government the Chinese
00:37
Communist Party given how cozy the
00:39
Saudi and Emiratis have been with the
00:41
Chinese. Recent history shows that when
00:44
foreign countries end up with American
00:46
made chips the Chinese government the
00:48
CCP and their related companies get a
00:51
hold of these chips. Deep Seek's AI model
00:54
was precisely accomplished with US made
00:57
chips. Now Donald Trump wants to
01:00
potentially open up another loophole with
01:03
his Middle East chip deals. Over the
01:05
years Chinese companies and the CCP have
01:07
forged deep ties with the same Middle
01:09
Eastern countries that Donald Trump is
01:11
now giving unfettered access to our most
01:14
advanced AI chips. No serious national
01:18
security expert would tell you this is on
01:20
the level. It not only threatens our
01:22
security but also risks cannibalizing the
01:25
U.S. build out of AI. If we want to stay
01:27
number one in AI which we all do this is
01:32
the wrong deal. Why is Donald Trump
01:35
building the future of AI in the Middle
01:37
East not in America? We all know that
01:40
he's desperate. Trump is desperate to
01:42
show the world he's Mr. Art of the deal. But
01:46
he's so desperate to tout these deals that
01:48
he's not thinking and protecting the
01:51
long-term security and jobs implications to
01:53
our country. With this deal American AI
01:56
chips are being given to the highest bidder
01:58
at the expense of the American people and
02:02
American dominance in the rapidly growing
02:05
growing an important field of AI.
Recommended
4:03
|
Up next
Chuck Schumer Casts Doubt On Trump's Chips Deal With Saudi And UAE, Warns It Could Aid China
Forbes Breaking News
5/15/2025
2:59
Chuck Schumer Goes Nuclear On Trump Over Qatar Plane Gift
Forbes Breaking News
5/14/2025
5:02
Chuck Schumer Slams Trump Admin For Trying To Hold A ‘Woefully Insufficient’ Iran Intelligence Briefing
Forbes Breaking News
6/25/2025
3:42
'MAGA Loyalists Dressed Up As Jurists': Chuck Schumer Lights Into Trump's Judicial Nominees
Forbes Breaking News
6/4/2025
2:32
'That's What Authoritarian Countries Do': Chuck Schumer Lights Into Trump For Sending Military To LA
Forbes Breaking News
6/11/2025
1:59
Chuck Schumer Bemoans Trump's Tariff 'Chaos', Mocks Him For 'Caving To China' After Slashing Rates
Forbes Breaking News
5/13/2025
2:10
Chuck Schumer Points To Previous Tariff Flip-Flops To Cast Doubt On Trump's US-UK Deal
Forbes Breaking News
5/8/2025
5:30
Chuck Schumer Slams Trump's Cuts To 'The Very Unit' That Targets Lone Wolf Extremists Prior To MN Attacks
Forbes Breaking News
6/17/2025
0:37
'We've Got A Lot Of Questions': Chuck Schumer Calls Out Issues With Trump Taking Plane From Qatar For AF1
Forbes Breaking News
5/16/2025
1:38
Chuck Schumer Does Not Hold Back Slamming The Trump Administration For Cancelling Meeting On Iran
Forbes Breaking News
6/25/2025
1:10
Chuck Schumer Calls On Steve Witkoff To Testify Before Congress Amid Reported Iran 'Secret Side Deal'
Forbes Breaking News
6/3/2025
1:59
Chuck Schumer Accuses Trump Of Using Presidency For Self-Enrichment As President Visits Middle East
Forbes Breaking News
5/13/2025
2:13
Chuck Schumer: 'No One Ever Imagined' Trump's Tariffs Would 'Be As Chaotic And As Poorly Planned'
Forbes Breaking News
4/28/2025
3:10
Chuck Schumer Torches Trump's Tariffs, Previews Vote To End 'Stupid And Reckless' Trade War
Forbes Breaking News
4/30/2025
2:32
Chuck Schumer Demands Trump Administration Reverse 91% Cut To State Department's International Narcotic Programs
Forbes Breaking News
5/21/2025
15:17
'That Is The Arrogance Of A Billionaire': Chuck Schumer Lays Brutal Smackdown On Trump's First 100 Days
Forbes Breaking News
5/5/2025
0:36
‘What Kind Of Bull Is This?’: Chuck Schumer Slams 'TACO' Trump For Their Nuclear Negotiations With Iran
Forbes Breaking News
6/3/2025
2:44
Chuck Schumer Tears Into Trump After Walmart Announces Price Increases Due To 'Magnitude' Of Tariffs
Forbes Breaking News
5/15/2025
2:22
Chuck Schumer Tears Into Trump After Saying 'I Don't Know' When Asked If He Should Uphold The Constitution
Forbes Breaking News
5/6/2025
3:37
'A Dangerous, Authoritarian Overreach': Chuck Schumer Fiercely Condemns Trump Deploying Military To LA
Forbes Breaking News
6/10/2025
2:16
Chuck Schumer Mocks GOP's Concern Over Border Security After Trump Admin. Allows El Chapo's Family Into US
Forbes Breaking News
5/15/2025
13:22
'100 Days From Hell': Chuck Schumer Issues Brutal Takedown Of Trump After Poor Approval Rating Polls
Forbes Breaking News
4/29/2025
2:29
Chuck Schumer: GOP Will 'Own All Of The Chaos' Created By Trump's Social Security Nominee Frank Bisignano
Forbes Breaking News
5/6/2025
11:52
'A Lot Of Buyer's Remorse': Chuck Schumer Lights Into Trump As His 100-Day Approval Rating Sinks
Forbes Breaking News
4/28/2025
1:50
Chuck Schumer Demands Trump Administration 'Come Clean' On Iran Nuclear Talks Amid Reported 'Side Deal'
Forbes Breaking News
6/2/2025