The free market had a tariff behind it
Washington owns 10% of Intel, presses Apple, Nvidia, and SpaceX to buy its chips, and uses 100% tariffs as the club.
Source article: Trump administration takes 10% stake in Intel; Apple, Nvidia sign deals.
Column metadata
- Published
- Pen name
- Editorial Board
- Topic tags
- economy, business and finance, computing and information technology, government policy, manufacturing and engineering
- Storylines
- industrial-policy, semiconductor-supply-chain, trump-economy
- Primary entities
- Intel, Apple, Nvidia, SpaceX, Trump administration, Lip-Bu Tan, Howard Lutnick, Tim Cook, Tom Cotton, Jacob Feldgoise, Georgetown University's Center for Security and Emerging Technology
- Themes
- Industrial policy, Semiconductor manufacturing, Government intervention, Chip supply chain, State capitalism
- Floor values engaged
- Accountability of power, Informed citizenship, Equality & fairness