Is Trump taking control of Corporate America?

Is Trump taking control of Corporate America?

Concerning the business community, Donald Trump pledges more deals like Intel stakes.

In an effort to reduce domestic production and reduce reliance on China, the US has purchased a stake in Intel chipmaker. Since the 2008 financial crisis, the acquisition represents the most significant private business change. Supporters describe it as a wise industrial policy that will safeguard both jobs and national security. However, critics worry that this could signal a shift in the relationship between the government and private companies, raising questions about a president’s level of control over business.

Bangladesh also issues a warning that it is unable to pay for the cost of providing refuge to Rohingya refugees.

Source: Aljazeera

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