Trend State capitalism with American characteristics
Summary
Eurasia Group's judgement is that this is the most economically interventionist US administration since the New Deal, and that unlike the preceding administration's 'small yard, high fence' industrial policy it operates with no limiting principle - alignment with the president, not sector strategy, determines treatment.
Classification
Main topicMacroeconomy & Finance
Region menusNorth America
Impactscope:country · geo_region:north_america · country:US
Time horizon0-3 years (2026-07-25)
Last updated2026-07-29 04:49:52
Evidence 1
- Top Risks 2026 Eurasia Group page=24;section=Top Risk #6: State capitalism with American characteristics 2026-01 accessed 2026-07-25
Observed signals 4
- Signal$7 trillion of investment pledges face their first real test
- SignalA $550 billion Japanese fund directed by the White House outside appropriations
- SignalExport licences and tariff relief converted into revenue and price concessions
- SignalUS government takes equity in Intel and MP Materials with guaranteed prices
Part of issues 0
No objects.
Relation types: supports
Public id: fm-163f575b5e77