No. of Recommendations: 5
AKA profit guarantees for those with the right connections....and more direct state control of corporations
Trump administration will set price floors across range of industries to combat China, Bessent says
The U.S. has to use industrial policy to compete against non-market economies like China, Treasury Secretary Scott Bessent told CNBC.
The Trump administration will set price floors across a range of strategic industries to combat Beijing, Bessent said.
The administration could take equity stakes in more companies in the wake of China’s new restrictions on rare earth exports, he said. cnbc.com - Trump xi china bessent price floor rare earth critical mineralClearly, Lord Trump wants to be CEO of the world. CEO of major corporations. CEO of Venezuela. CEO of Gaza.
All hail the God King, Orange Stay Puft, first of his name
Steve...HBTT
