The tariffs would ensnare cutting-edge smartphone and PC-related chips for Apple, AMD and Nvidia if enacted. But Trump is betting his plan will bring more chip production to the US.

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  • 0x01@lemmy.ml
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    6 days ago

    Ah yes put tariffs on the goods that our allies make, a tried and true solution to the problem of groceries

    Long term, more high tech manufacturing will be the result of more technology availability for cheaper, not higher cost chips from overseas

    It’s my understanding that Taiwan doesn’t manufacture the chip producing machines anyways, those come from ASML

  • jsomae@lemmy.ml
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    6 days ago

    The world’s largest semiconductor foundry, and one of the primary reasons the U.S. maintains a hold on Taiwan. There are rumours that the US has a plan to blow it up in case of Chinese invasion, that’s how valuable it is. So this quite a reversal of strategy.

  • freagle@lemmygrad.ml
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    6 days ago

    He said he was gonna apply tarrifs to China. This is consistent with the One China policy.

    • dawnglider@lemmy.ml
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      5 days ago

      Wait I somehow never thought about this, does the one china policy really dictates that they have to apply tariffs across the strait? I assume it’s in jest since I’m pretty sure they regular import/export on a smaller scale yet (like ban on Xinjiang imports), but I’m curious

  • john89@lemmy.ca
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    6 days ago

    Tariffs only exist to protect the profits of the ruling class.

    Do not be fooled. Tariffs are not good for us.

    • TachyonTele@lemm.ee
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      6 days ago

      Japan used tariffs to increase domestic industries and leap frog into the 20th century. It enabled them to take part in WW II and beyond. That’s why you’ll see giant corporations that control multiple different industries.

      It did work for Japan. The US is in a completely different situation though, and it’ll only hurt.