President Donald Trump is transforming America’s relationship between government and business in ways that have no parallel in modern history. His administration has taken control of private companies through unprecedented methods that critics say look more like China’s state capitalism than traditional American free markets.
Critics warn that Trump’s demands for business leaders to step down, and for the government to take a cut of sales, threaten American-style capitalism. The president has forced major companies to give the U.S. government ownership stakes, demanded cuts of their revenue, and threatened executives who don’t follow his orders. These actions mark a dramatic shift from decades of market-based policies.
