CNBC Daily Open: The White House might need a rebranding exercise in the corporate world

"State-owned enterprise" is simply a word you wouldn't usually bandy astir erstwhile mentioning the United States — particularly not with the country's Republican party, which has been associated with a laissez-faire attack to businesses and the economy.

If White House gets it way, however, it appears that the government's 10% stake successful Intel is just the start. U.S. President Donald Trump successful a Truth Social post signaled favoring companies that onslaught akin "lucrative" deals with the government.

Earlier successful the day, Kevin Hassett, Trump's economical advisor, told CNBC that "at immoderate constituent there'll beryllium much transactions, if not successful this manufacture past different industries."

Even though Intel's banal popped erstwhile quality of the woody broke, the chipmaker successful a filing connected Monday warned that its statement with the Trump medication could draw "adverse reactions" from investors, customers and overseas governments.

That's not an unwarranted fear: Recall however China has been urging its section companies to debar Nvidia chips amid the chipmaker's revenue-sharing woody with Washington, oregon however consumers person steered distant from Elon Musk's Tesla due to the fact that of his stint successful the White House.

Perhaps, it isn't truthful overmuch "state-owned enterprises," but "Trump-associated enterprises," that mightiness beryllium fueling capitalist worries.

— CNBC's Jeff Cox contributed to this report

Trump threatens 200% tariffs connected China implicit uncommon earths. If Beijing withholds exports of the magnets, Trump volition complaint the state "200% tariffs oregon something," helium said Monday stateside. One expert thinks it's a signal that Trump wants a woody soon.

Trump fires Fed Governor Lisa Cook. In a missive posted connected Truth Social, the U.S. president said helium has determined "sufficient cause" to terminate her "immediately." Cook responded that Trump "has nary authorization to bash so" due to the fact that "no origin exists nether the law."

Countries with integer services taxation volition pull 'substantial' caller tariffs, vows Trump. In summation to tariffs, Trump besides said successful a Monday station connected Truth Social that helium would restrict spot exports to those countries.

U.S. stocks mislaid steam connected Monday. All 3 large indexes fell, giving backmost immoderate of Friday's gains. On Thursday, Interactive Brokers volition regenerate Walgreens Boots Alliance successful the S&P 500. Asia-Pacific markets declined Tuesday.

[PRO] Consider this Nvidia derivative, CIO says. Nvidia earnings, retired Wednesday, are successful the limelight this week. But 1 main concern serviceman thinks it's worthy looking astatine a Nvidia spouse besides benefiting from artificial intelligence.

Ships, planes, billions successful concern pledges: South Korea’s Lee charms Trump with deals

The U.S. and South Korea announced a bid of agreements Monday successful Washington, including multibillion-dollar investments, grounds $50 cardinal aviation purchases by Korean Air, and caller vigor cooperation, arsenic leaders from some countries met successful the Oval Office.

"We truly benignant of request each other. We emotion what they do. We emotion their products. We emotion their ships. We emotion a batch of the things that they make, and they emotion what we have," U.S. President Donald Trump said during his property conference with South Korean President Lee Jae Myung.

— Lim Hui Jie