opinion

Rhode Island Gov. Dan McKee talks about the importance of the Revolution Wind offshore wind farm to the state's economy and energy future during a news conference last month.

Donald Trump is busy rewriting the rules of American-style, hands-off capitalism, and it’s starting to look like a state-managed or, more accurately, Trump-managed system.

The U.S. has bought a 10-per-cent stake in Intel, demanded a “golden share” in U.S. Steel – allowing the government (actually, the White House) to veto major corporate decisions – and is taking a 15-per-cent cut of Nvidia’s and AMD’s revenue from AI chips sold in China.

It doesn’t stop there, and Denmark’s Orsted is a case in point. Orsted, the biggest and most successful offshore wind-power company, has been gutted by Mr. Trump , send

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