Add Republican objections to Trump’s China capitulations to the growing realm of defections from leaders of his own party.
semiconductors
Posted inPolitics
Rule by Deal
Donald Trump engages in ad hoc agreements with individual companies and governments to expand his power. Some observers have described these actions as a new “economic nationalism”—but that term fails to explain what makes this administration’s decision-making unique.
Posted inTAP
China: The Art of Xi’s Deal
In classic form, President Trump concluded his hollow trade deal with Xi Jinping Thursday—and then changed the subject and the headlines. With no clear plan or rationale, he announced that the U.S. could resume nuclear testing.
Posted inEconomic Policy
Trump Deal Lets Intel Move Factories Overseas, Sen. Warren Explains
In a letter to the Commerce Department, Warren blasts the actual deal between the Trump administration and Intel, even as she supports the concept of equity stakes.
Posted inEconomic Policy
Judge the Actually Existing Trump Economy, Not the Theory
Equity stakes, loophole closures, and protecting domestic industries might make sense in someone else’s hands. Not from a president with no strategy or plan.
Posted inEconomic Policy
When L’État C’est Trump, the U.S. Goes in for State Capitalism
It’s Trump, not Mamdani, who’s having government take over businesses.
Posted inTAP
Tariffs to Import and Fees to Export
Today on TAP: An unprecedented new revenue share on chips sold to China reveals Donald Trump’s economics of control.
Posted inTAP
Another Trump Sellout to China and Big Tech
Today on TAP: The administration reverses long-standing controls on sales of advanced AI chips to Beijing.
Posted inEconomic Policy
The Permanent Tariff Damage
Trump tries to walk back his tariffs after supply chain collapse and threats of empty store shelves. But reversing course entirely may not be possible.
Posted inEconomic Policy
The Manufacturing Boom We Already Had
A Q&A with Biden industrial-policy official Alex Jacquez on the right way to boost domestic production in critical sectors