Factbox-Trump administration pivots to buying stakes in critical sectors
(Reuters) -The Trump administration is ramping up efforts to secure U.S. supply chains for critical minerals and semiconductors by converting federal grants to companies into equity stakes, aimed at reducing reliance on China. The administration has taken or discussed stakes in several companies as part of the shift to direct ownership from traditional subsidies. The most recent deal to be done by President Trump concerns a 10% stake in Canadian minerals explorer Trilogy Metals Inc. (TMQ, TMQ.TO) as part ...