2025-08-28
26 分钟And this is Andrew Peach with World Business Report.
Good to have you with us today.
How the US Republicans move from the free market and a small state to big interventions in the US economy.
Why Chinese EV makers have got ahead of Tesla.
And if you're running a business in Russia, why you can't advertise on social media from next week.
It's very difficult to regulation advertising on this platform right now.
We never can know why it happened.
First, the meaning of political terms like conservative and liberal have always evolved,
sometimes beyond all recognition.
Back in the 19th century, those on the right moved from paternalism and protectionism...
to free market economics with a limited role for the state.
Now in the US, things are going the other way.
The Republicans under Donald Trump have turned the US government into a very active player in the country's economy.
Nippon Steel handed the US government a golden share to get permission for its takeover of US steel.
Last week, Intel announced that 10% of its stock would be acquired by the US government.
On Wednesday, the US Treasury Secretary, Scott Besant, told Fox News Donald Trump...
Trump wants US taxpayers to earn a bigger share of future financial rewards when companies earn money in the US.
President Trump is going to be the only president in modern times who creates assets for the American people rather than debt.
He saw that Intel had been given grants and wanted to know why the American taxpayer wouldn't participate in the upside.
So there's $11 billion of immediate value,