Trump’s Deal for Chip Revenue May Usher In Trade Policy Shift

The article discusses a potential shift in U.S. trade policy under the Trump administration. It focuses on a deal between the U.S. government and semiconductor companies, which could signal a move towards a more targeted and strategic approach to trade negotiations. The article notes that the Trump administration has been pushing for greater U.S. control over the semiconductor supply chain, with the goal of reducing reliance on foreign manufacturers. The proposed deal would allow semiconductor companies to retain a larger share of their overseas revenues, which could incentivize them to invest more in domestic production. The article suggests that this type of targeted approach, focusing on specific industries or sectors, could become a more common feature of U.S. trade policy under the Trump administration. This could represent a shift away from the more broad-based, tariff-focused approach that has characterized much of the administration's trade strategy thus far.