President Trump recently blocked Broadcom's (NASDAQ: AVGO) attempted takeover of Qualcomm (NASDAQ: QCOM) with an executive order, claiming the deal raised questions about national security and the future of 5G technologies. Broadcom is based in Singapore and Qualcomm is an American company. The move lets Qualcomm catch its breath as Broadcom has to back off, but the long-term consequences could hurt Qualcomm.