Guan Cha Zhe Wang·2025-08-28 12:27Group 1 - The article discusses former President Trump's intervention in private companies, specifically highlighting his acquisition of a 10% stake in Intel through a deal worth $8.9 billion, which includes $5.7 billion in subsidies from the Biden administration's CHIPS and Science Act [5][6]. - California Governor Gavin Newsom criticized Trump's actions as "disgusting," suggesting that if President Biden attempted similar agreements with American companies, it would provoke public outrage [3][5]. - Trump's recent actions represent a departure from traditional free-market principles, as he has pressured companies like Nvidia and AMD to pay a percentage of their sales in China to the U.S. government in exchange for export licenses [5][6]. Group 2 - Trump's approach to corporate governance has been characterized as a "transactional model," where companies are expected to make concessions in exchange for government assistance [6][7]. - The article notes that Trump's administration has also pressured major corporations like Coca-Cola, Walmart, and Amazon to adjust their product offerings and pricing to align with government interests [6][7]. - There are indications that the Trump administration is considering acquiring stakes in defense contractors, which has shocked both the business and political communities [7].