Back to today’s briefing

Story perspectives

Trump Pursues More Government Stakes Amid Record Contracts

10/1/2025

38 7 Full Breakdown

Summary

Story summary

President Trump seeks government stakes in more companies, per U.S. Trade Representative Jamieson Greer; Nvidia's role remains unclear.
Commerce reports a record $170 billion in foreign contracts under Trump, far above Biden's $12 billion.
The Thacker Pass lithium project in Nevada advances; U.S. added 32 entities to the sanctions list, prompting China to retaliate against Nvidia for alleged antitrust violations.

1 of 1

Story summary

President Trump seeks government stakes in more companies, per U.S. Trade Representative Jamieson Greer; Nvidia's role remains unclear.
Commerce reports a record $170 billion in foreign contracts under Trump, far above Biden's $12 billion.
The Thacker Pass lithium project in Nevada advances; U.S. added 32 entities to the sanctions list, prompting China to retaliate against Nvidia for alleged antitrust violations.