Now Trump is tariffing American companies, too

• Donald Trump Nvidia and AMD allows China to sell some chips – but only if they pay 15% tax.

• This is the opposite of the tariff pressure that Trump should encourage companies to do something in the USA.

• However, consistent with the work approach of Trump 2.0: the federal government gradually puts it in private companies.

Imagine that you live in a country where private companies need a government’s permission to do business.

Depending on your age, you may think that I defined the Soviet period Russia or Russia during the Putin period. You would definitely think of modern China, where the government was an official partner in many private companies and had an informal but meaningful influence on most.

And in 2025, you may think that this began to define America under the second Trump administration.

Last week, for example, Donald called Trump Intel CEO to resign Due to past business connections with China. In June, Trump approved Nippon Steel’s plan to buy steel – but only after the US government was given “gold share“In the company that gives Washington the ability to approve or veto some of actions such as closing plants. In January, Trump shifted the idea that the US government has a part of Tiktok’s US operations.

And now Trump wants NVIDIA and AMD to deliver more than 15% of the income to China from high -level chip sales Financial times. (NVIDIA, “Follow”[s] The US government determined for our participation in markets around the world “” reports about to agree Direct; AMD and the White House has not commented yet.)

You can make discussions for any of these procedures or against them – USA’s chip sales to China was a particularly separatist problemEven in Trump. However, in Trump 2.0, we should expect the federal government to put itself in private affairs.

“The state capitalism, which is a hybrid between socialism and capitalism, where the state nominally directs the decisions of private enterprises”. Wall Street Journal columnist Greg IP wrote on Monday morning. A piece that he seems to write before The NVIDIA/AMD story is broken because it does not contain any reference.

(You can take a list of Trump’s interventions longer: The necessary former paramount owner to pay $ 16 million to Redstone For example, to file a appearance appearing. And Brendan Carr, the President of the Federal Communication Commission appointed by Trump, asked for the promise of the new owners of Paramount “Root the prejudice that weakens the confidence in the national news media. “You can include Trump’s most demanded concessions in the country. prestigious universities and law firms.)

The CHIP story is particularly difficult to force your head, because Trump reverses the pioneer of the tariff plans this year. Instead of taxing the goods built abroad and imported to the United States, now the US companies taxes the goods made in the United States – so -called what he wants to see more.

It’s not surprising to see Donald Trump saying something and doing something else. And in half a year to the second presidency, it is no longer surprising to let the Republic -control -controlled Congress do everything he wants: this is the same congress that passed a law last year. Tiktok’s operations to find or close the US buyer – And he didn’t say anything about the truth Trump decided to ignore this law over and over again.

And again, you may not care about the movements of the Trump administration to direct companies. You can even love them. However, the possibility of incorporating the federal government in a sector or company is increasing. To do cares. Maybe someone you work for. Then how will you feel about it?

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