The Guardian View on Industrial Policy Donald Trump: The inner turn by warning Editorial

ZDiscrimination outside. Re -sale is the new realism. University campus in Ohio state half of it The super computer plan in NVIDIA Show the different methods of Joe Biden and Donald Trump in the search for dominance of local technology. Mr. Biden relied on institutions: grants, lands and investment Incentives. This approach stopped after last year’s elections, which made the Intel Factory inactivity. Mr. Trump prefers the court policy: threats compliment, pressure and tariff. The NVIDIA move appears to be driven by a lower design than the executive alarm. The industrial strategy lives – but this is an increasingly concern through the presidential danger, not politics.

There is another important message in the NVIDIA Declaration. In an era in which ideas are spread freely, power does not lie in invention but at selection points, such as manufacturing the superconduction of artificial intelligence, which determines those who can expand these ideas to global platforms. Remember that, as US arches for backlash On the collapse of the old trade matter.

Harvard Ricardo Economic expert Hosman Note that Mr. Trump’s miscalculation focuses on merchandise trade, with the biggest game ignored: services, intellectual property (IP) and investment. Boeing most profitable sections ServicesIt is not manufacturing – but both will reach China’s decision to prevent more delivery operations from its aircraft. Professor Hausman has warned that developing countries may be divided by undermining the global trade aspects of the intellectual property rights agreement. The IP system, known as flights, is known for $ 632 billion in foreign profits in the United States.

If Mr. Trump has a plan, it is well hidden. But its strategy may be simply: if others want to copy yesterday’s techniques or challenge the IP rules, let them. The United States, through this logic, will invent the next thing that is indispensable – and receive fees to reach it. America is a leading company in AI, Biotech and Services Platform Services. But the recent developments hold this image. The Chinese open source AI shows that Frontier Tech no longer needs the Silicon Valley address.

In pharmaceutical preparations, a similar contradiction. Elie Lily’s loss property Mongro If its formula has been made by the rules of food and drug management – the price of access to the markets. This transparency feed a global flood of medicines and Forgery. It is the dilemma of trips: it requires innovation to open up, but the tradition flourishes as the enforcement falls backward. Now, in a sharp escalation, the Trump administration launched national security Investigation In drug imports. China, India and the European Union, and all the main exporters, in the United States.

The deeper paradox is that since 1945, the United States has built its global position by defending openness – in science, trade and financing – however, it is now roaming in supply chains and summoning security doctrines to protect its markets. Meanwhile, the IP system that helped extract “rents” from the global economy is under pressure. The United States may still dominate, but in the field of defense production and securing selection points. In January, Mr. Trump threatening 100 % definitions on any country that dares to avoid the dollar – thus imposing sanctions on the strong US Treasury.

If developing countries start to back down trips – they no longer see value in imposing patents in exchange for reaching closed markets in an increasing way – the consequences will reach beyond American companies. In 2023, India He paid 14 billion dollars To the foreign entities for the use of IP, up from $ 1.9 billion in 2009, without a significant benefit in return. Currently, the United States may still invent the future. But whether America can possess, allocate or exclude others from it, it is still unconfirmed. The era of innovation may be global. The era of power, increasingly, is not.

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