SkyWater pitches itself as all-American firm as Trump mulls more equity deals following Intel deal

President Donald Trump is pushing a new economic strategy: having the U.S. government take direct stakes in major U.S. companies. He argues it’s a way to make the country stronger by shoring up industries that fuel prosperity and safeguard national security.The first big example came last week, when the White House announced the government now owns nearly 10% of Intel. The California-based chipmaker had received federal grants to boost U.S. production, but those funds have now been converted into a formal ownership share.TRUMP DEFENDS $11B INTEL STAKE, SAYS HE WILL MAKE DEALS LIKE IT 'ALL DAY