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

submitted 2 days ago by schizoidman@lemm.ee to c/technology

9 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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[–] z3rOR0ne@lemmy.ml 19 points 2 days ago (1 children)

Morons...so many morons in power...dear fucking god.

[–] chahk 17 points 2 days ago* (last edited 2 days ago)

Stop underestimating them, they are not morons. They know exactly what they are doing, who this will hurt the most, who will gain the most,.and who they're going to blame for everything. They had 4 years to prepare, they wrote a whole plan, and this is just the beginning of them implementing it.