US promotes agreements with many businesses

VTV.vn - The administration of US President Donald Trump is launching a campaign to negotiate and sign a series of agreements with large corporations in many strategic fields.

US promotes agreements with many businesses

The Trump administration is stepping up efforts to negotiate deals with companies in 20 to 30 key industries ahead of the 2026 midterm elections.

The plan aims to use government power to push businesses to move production back to the US, strengthen supply chains, and reduce dependence on foreign manufacturing hubs like China. Targeted industries include pharmaceuticals, semiconductors, AI, minerals, shipbuilding and energy.

In exchange for concessions, the government is willing to offer big incentives such as tariff reductions, guaranteed revenues or even equity stakes. For example, big pharmaceutical companies like Eli Lilly and Pfizer have been asked to increase production of essential drugs.

To facilitate deals, the White House is relying on a network of federal agencies and leveraging the financial power of the state. The International Development Finance Corporation (DFC), created during Trump’s first term, is proposing to increase its lending capacity from $60 billion to $250 billion and create a fund to invest in infrastructure, energy, strategic minerals and supply chains. The US also plans to use $550 billion from a trade deal with Japan to create an “American Investment Launchpad” run by Secretary of Commerce Howard Lutnick. Mr. Lutnick has also played a central role in major deals such as the government’s 10% stake in Intel and its “golden stake” in Nippon Steel’s $14.9 billion acquisition of US Steel. Wall Street financial experts such as Michael Grimes and David Shapiro were also brought in to lead negotiations, while JP Morgan set up a dedicated team to handle the wave of contacts from businesses wanting to participate in the program.

But this deeply interventionist approach is controversial. Some companies see it as an opportunity to access state capital and preferential policies, while many fear being asked to give up shares or face the risk of policy reversals after Mr. Trump’s term. Experts warn that the government “picking winners and losers” could undermine the market economy principles that underpin American capitalism.

Source: https://vtv.vn/my-thuc-day-thoa-thuan-voi-nhieu-doanh-nghiep-100251003215636631.htm