America is selling the AI stack it built with public money, with the same companies and the same national security framing. Nobody is asking whether the demand is real.
semiconductors
Posted inTAP
Spirit Socialism: Trump’s vs. Ours
The proposed bailout of Spirit Airlines is Trump’s worst deal yet. But in clean hands, socialized ownership sometimes makes sense.
Posted inEconomic Policy
How the Iran War Threatens the AI Economy
Supply chain disruptions threaten the flow of computer chips, which power AI models.
Posted inTAP
Trump Loses GOP Support on China Policy
Add Republican objections to Trump’s China capitulations to the growing realm of defections from leaders of his own party.
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.