Summary
Trump plans to impose tariffs of up to 100% on semiconductors manufactured in Taiwan, aiming to push U.S. tech companies like Apple, Nvidia, and AMD to produce chips domestically.
The tariffs target Taiwan’s TSMC, a key supplier, despite its partial U.S. production in Arizona.
Trump criticized Biden’s CHIPS Act for funding companies like Intel and proposed tariffs as an alternative incentive.
Experts warn the move could raise prices for electronics as most TSMC chips are assembled in Asia before export to the U.S.
what a fucking idiot.
wants ‘made in usa’ chips.
usa literally can’t make them… only certain parts of them… and not near enough to ‘go around’ and meet even just the domestic demand. not now, not in a decade. not in two decades. it ain’t happening.
criticizes efforts to get more of them made here. reasoning being, of course, equal parts of: something biden did that’s seen as good and he dont like that, and money being spent that could be funneled to him and his comrades and donors instead).
instead wants to put a 100% tax on imports as ‘punishment’. which could be the trigger that puts the economy into a tailspin that hasn’t been seen in nearly 100 years. semiconductors are that important, taiwan makes that many of them, and the usa does not.
you know damn well those tariff funds would never go towards improving american production capabilities… it would just fund more tax cuts for his wealthy donors.