Business | Schumpeter
Trump wants to command bosses like Xi does. He is failing
His dealings with business borrow from China’s playbook
|5 min read
Ignore for a moment Donald Trump’s shakedown of Nvidia, in which he has allowed the world’s most valuable firm to resume limited exports of its artificial-intelligence (AI) chips to China in return for giving a 15% cut of the proceeds to Uncle Sam. Think instead of the argument about whether it is wise to let China have access to one of America’s most coveted technologies.
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