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.
TSMC opened a factory in Arizona, so it’s really a big f u to the people of Taiwan while the owners of tsmc are good to go.
I get the bring jobs to the US bit, but the cost will be passed on to consumers and the whole market will shrink. There are existing chip fab facilities in the US, maybe efforts should focus on why they can’t compete instead of reducing demand for electronics inside the US.
The breadth of products and industries this will touch is going to be massive. Even if you’re not buying electronics from a company, those companies still have to buy and replace their own electronics to operate which, if those prices go up, it raises operating costs. Your cheeseburger can get a bit pricier because of this.
keep yer microchips out of my cheeseburgers!
