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149

Trump to tariff chips made in Taiwan, targeting TSMC (www.pcmag.com)

submitted 3 days ago by schizoidman@lemm.ee to c/technology@lemmy.world

36 comments fedilink hide all child comments

cross-posted from: https://lemm.ee/post/53880308

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.

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[–] RememberTheApollo_@lemmy.world 15 points 3 days ago

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.