By Ted DeHaven The first Trump administration ushered in a new era of industrial policy, attempting to reshape the macroeconomic landscape through the use of tariffs. The Biden administration built upon its predecessor’s interventions, championing massive subsidies for the semiconductor and green energy industries. In his second term, Trump has raised the tariff ante and taken an alarming step further by directly inserting the federal government into the corporate boardroom.Over the past six months, the adm ...