- cross-posted to:
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- cross-posted to:
- [email protected]
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.
Well since there’s no more income tax, we will need the from money somewhere. Taiwan will pay!!! /SSSSSSSSSS but seriously, he said we will now fund our economy with tarriffs, then says we will tarriff to move things here, which would NOT bring in funds. I’m so confused.
It helps to remind yourself that he’s basically a barely sentient Christmas ham.
Ham is delicious. I think Trump is more like a bowl of dumpster water gazpacho.