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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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[–] lvxferre@mander.xyz 4 points 2 days ago

Initially I was thinking on how this is such a blatantly bad idea. I don't think that it'll attract chip makers to USA, but instead send the industries relying on those chip makers to other countries. Because as the text says it takes years to build a chip factory, and those industries downstream simply won't wait.

Then it clicked me - government debt. He might be trying to find new sources of income for the United-Statian government. They only need to last four years - if they ruin the economy later on, it is not his problem.