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Trump to tariff chips made in Taiwan, targeting TSMC
(www.pcmag.com)
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this post was submitted on 28 Jan 2025
152 points (95.8% liked)
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https://www.foxbusiness.com/politics/future-chips-act-under-trump-admin
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.