New York (CNN) — President Donald Trump said on Friday he reached an agreement with Intel CEO Lip-Bu Tan that would involve the struggling chipmaker giving the United States a company stake worth $10 billion, a deal model that Trump said he hopes to revisit with other companies.

“I said, I think you should pay us 10% of your company,” Trump said of his conversations with Tan. “And they said yes.”

Trump said the deal will was a win for both sides.

“I think it’s a great deal for them. And I think it’s a great deal,” Trump said in the Oval Office on Friday. “He walked in wanting to keep his job, and he ended up giving us $10 billion for the United States.”

Two weeks ago, Trump called for Tan’s immediate resignation following reports about his alleged connections to China.

The agreemen

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