America’s Private-Capital Advantage

Ștefania Anghel

Years from now, the summer of 2025 may be remembered as a turning point in U.S. industrial policy, with President Donald Trump’s deals with Intel, Nvidia, and MP Materials marking the beginning of a new era of direct state investment in key industries. As the United States competes over the technologies and industries of tomorrow, Washington is now experimenting with state-centric investment strategies that resemble those of Beijing. But because the U.S. federal government is constrained by a

Tag-uri: Donald Trump

America’s Private-Capital Advantage https://www.foreignaffairs.com - 04.09.2025 08:16

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America’s Private-Capital Advantage https://www.foreignaffairs.com - 04.09.2025 08:16