US President Donald Trump’s meeting with Russian President Vladimir Putin on Friday is generating global interest, particularly among businesses. The talks are being watched for their impact on sanctions and tariffs.
The US government has already invested heavily in Intel through subsidies under the Chips Act, but taking a direct stake in the company would be unprecedented. This could affect how trading partners approach the US, with some countries potentially becoming more protectionist and pushing for their own national champions.
The stakes are high, as this is the first face-to-face meeting between Trump and Putin since Russia’s 2022 invasion of Ukraine. The talks have been described by the Kremlin-controlled media as a public relations coup for Putin, which has left Europe flabbergasted.
Businesses in countries aligned with Russia, such as China, India, and Brazil, are also closely watching the talks, particularly those affected by Trump’s tariffs. These companies will likely be assessing how the meeting affects their operations and investments in the US.
Source: https://www.nytimes.com/2025/08/15/business/dealbook/trump-putin-talks-business.html