#industrial-policy

#industrial-policy

In some respects, it reflects a modern economic take on Roosevelt's Big Stick ideology, only Trump seems to have ignored the speaking softly bit and jumped straight to swinging his stick like every problem is a piñata with candy inside. Trump need not even swing his stick - all he has to do is make a threat, and those in its path scramble to appease him.

Rather, growth in FDI is coming from innovative industries in one advanced country building out capacity in another advanced country, most often the U.S. Instead of modest factories churning out routine consumer goods, foreign investment activity is increasingly comprised of expansive facilities costing more than $1 billion that make cutting-edge products, including semiconductors. The Trump administration seeks to build on those gains, demanding foreign investment as a component of trade deals

Donald Trump has a message for critics who think turning the U.S. government into a major stockholder of Intel is a "socialist" move: More is coming. "I will make deals like that for our Country all day long," the president posted on Truth Social after critics piled on, adding later about future ownership stakes, "I want to try and get as much as I can."

The White House has confirmed that the Trump administration is in talks with Intel about acquiring a stake of up to 10% in the chipmaker. "The president wants to put America's needs first, both from a national security and economic perspective," White House Press Secretary Karoline Leavitt confirmed on Tuesday after days of media speculation over a possible deal. Although it would be unusual for the US government to take a stake in such a large company, it would align with President Donald Trump's trend of intervening in the free market during his second term.

The president wants to put America's needs first, both from a national security and economic perspective,