(Preview) Trump's Memorandum on Foreign Investment; 'Reverse Nixon' Realities; Document #1; PLA Drills in the Tasman Sea

On today's show Andrew and Bill begin by parsing the White House's memorandum on an America First Investment Policy, President Trump's recent appointees, the latest news from the Commerce Department and BIS, and a proposal for lifting controls on chips and tightening controls on chipmaking equipment. From there: "Reverse Nixon" possibilities and structural realities that make it unlikely, document #1 and the party's priorities surrounding food security, a PRC fishing crew is detained for questioning after a Taiwan cable cutting incident, the significance of the PLA drills between Australia and New Zealand last week, and a word about lawfare and law firms.