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Treasury Sec. Scott Bessent: Putin, Chips, & Global Summits 8/19/25

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U.S. Chip Market and Geopolitical Dynamics

This chapter explores significant developments in the U.S. chip market, particularly SoftBank's investment in Intel, and critiques government bailouts during COVID-19. It discusses the geopolitical landscape involving leaders like President Zelensky and President Putin, emphasizing direct dialogue to ease tensions. Additionally, the chapter highlights the complexities of international trade, self-sufficiency in critical industries, and the implications of the Digital Services Act on U.S. tech companies.

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