Good morning. Fortune editor-in-chief Alyson Shontell recently sat down with President Donald Trump for a wide-ranging conversation covering everything from tariffs to AI data centers to the war in Iran. The president also outlined the broader, top-down dealmaking mentality he’s bringing to the American economy.
Over the past two years, on multiple occasions, the Trump administration has taken an equity stake in an American corporation rather than offering a bailout, tax subsidy, or grant. The administration is now acquiring stakes in private-sector companies deemed critical to national security.
