NPR.

President Trump has spent his first year back in office blurring the lines between business and government and creating a lot of headaches for business leaders.

His trade war and his immigration

policies are adding costs. He's demanding a government cut of some of Nvidia's sales in China

and an outright government stake in Intel. He wants to cap how much interest credit card companies

charge their customers and how much defense companies

pay their CEOs. We just did an episode on that. He's also being kind of a bully about everything.

Last week, he even sued J.P. Morkin Chase and its powerful chief executive, Jamie Diamond.

But as the president goes storming through corporate America, business leaders aren't exactly mounting a strong defense.

Billionaires and big tech CEOs are publicly competing to kiss Trump's ring.

Well, almost everyone else seems afraid to stand up for their companies.

Or the broader U.S. system of free market capitalism.

This is the indicator from Planet Money.

I'm your non-billionaire host, Waylon Wong,

and my co-host today is NPR financial correspondent Maria Aspen.

Also not a billionaire.

Maria, you have spent the last year covering how corporate America has responded

to President Trump's extremely, let's say, disruptive second term.

Yes, I have. Today on the show, as Trump, even by the standards of Trump's second term.

It started with the U.S. attack on Venezuela and Trump pressuring U.S. oil companies to invest there

and then sniping at ExxonMobil after its CEO called the country uninvestable.

Then last week, Trump went to the World Economic Forum in Davos, Switzerland.

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