Trump to tariff chips made in Taiwan, targeting TSMC
cross-posted from: lemm.ee/post/53880308
SummaryTrump 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.
https://www.pcmag.com/news/trump-to-tariff-chips-made-in-taiwan-targeting-tsmc
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maplebar
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GodlessCommie
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in reply to iopq • • •I've got an interesting read for you to consider.
I'm not saying everything was rigged but voter suppression certainly did its part.
Trump Lost. Vote Suppression Won. - Greg Palast
Greg PalastGodlessCommie
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in reply to maplebar • • •krimson
in reply to schizoidman • • •Yes because Apple and the likes will go biiiiig on investing now to make their own chips.
Obviously not. They will just wait a few years until Trump has officially and permanently fucked off from the white house.
Shiggles
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JohnnyCanuck
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in reply to JohnnyCanuck • • •Check out RememberTheApollo_'s Comment.
RememberTheApollo_
2025-01-28 13:57:43
RememberTheApollo_
in reply to alekwithak • • •foxbusiness.com/politics/futur…
Sorry it’s a Fox link, but it was the top result.
Basically the dumbass is knee-jerk undoing everything Biden did because it was done by democrats, and of course doing it without thinking about the results.
So kill the CHIPS act because Biden bad, and slap tariffs on random shit because of something someone told him once that foreign stuff = bad and it makes him look strong, but never actually think that harming your own technology production + jacking up prices on your imported tech might be a shitty combo for your citizens and businesses.
Future of CHIPS Act under Trump admin in question
Breck Dumas (Fox Business)TomMasz
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in reply to vaionko • • •Ilovethebomb
in reply to schizoidman • • •This would only work if the tariffs were bipartisan, and clearly here to stay, and even then only if the USA alone is a big enough market to justify building a factory for.
Otherwise companies will just wait it out.
TomMasz
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in reply to schizoidman • • •Also H1Bs...gone. Puff!
Man, at my last job I knew a bunch of guys doing such great job. Very dedicated people who were always very nice and super bright. We're gonna send them to India where they can develop the country and outcompete us.
That sounds fantastic.
skozzii
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