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.
Yeah, we’ll be able to build usable chip factories here in the states in no time. That surely doesn’t take several years to get set up.
Especially when the dumbass halted the CHIPS program which was intended to do precisely that thing.
And they have to buy the machines for this in Europe, anyway.