Trump to tariff chips made in Taiwan, targeting TSMC

[treczoks@lemmy.world]

This is probably one of the biggest economic shot in the foot ever. Let's wait what his billionaire owners will order him to do to fix that.

[1984@lemmy.today]

Everything? Not even close.

[chronicledmonocle@lemmy.world]

God we're so fucked

[small44@lemmy.world]

US people will never admit it but you are right. Since usa creation democrats only won 2 time more that mean they vote for one major party, get desatistfied and vote for the other party. It was obvious that by ignoring all critisism that democrats would lose

[remembertheapollo_@lemmy.world]

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.

[wurstgulasch3000@feddit.org]

I've got an interesting read for you to consider.

I'm not saying everything was rigged but voter suppression certainly did its part.

[tommasz@lemmy.world]

He seems to think that doing this will force manufacturers to build in the US, versus the Biden approach of incentivizing them to do that. What he doesn't realize this will do is raise chips prices and manufacturers will simply pass that cost onto consumers.

[cornshark@lemmy.world]

Why would he want that? I thought he hated China?

[formergijoe@lemmy.world]

Cheap-ass Chinese AI yesterday and TSMC tariffs today? Big Ls for Nvidia lately.

[humanspiral@lemmy.ca]

Biden, in last few weeks, made a very aggressive anti-Nvidia move in limiting AI processing sales severely to all but US's very closest allies. Trump has antagonized most of these allies already. But datacenter costs in US going up very significantly from these new tariffs, in addition to forcing extremely expensive extortionist energy on America, is pretty sure to make datacenters outside of US far more profitable, and an extreme likelihood of a black market to both get chips to tier 2 and tier 3 nations, as well as to US consumers.

[humanspiral@lemmy.ca]

I have the peak of intel technology, I can give you for a fair price. it's a 386sx.

[humanspiral@lemmy.ca]

This was included in his election stump speeches. Taiwan is going to pay for US's war on China.

[tommasz@lemmy.world]

I don't know if he specifically wants that so much as he doesn't care if it happens.

[alekwithak@lemmy.world]

Check out remembertheapollo_'s Comment.

[vaionko@sopuli.xyz]

Not even a DX? Do I at least get a 387 in the deal?

[humanspiral@lemmy.ca]

floating point coprocessors is the gateway drug to AI the devil wants you to take.

[danciestlobster@lemm.ee]

Adding to this windows attempts to end all support for windows 10, obsoleting a large number of computers later this year. I never thought I'd say this but Linux has never looked better....

[corkyskog@sh.itjust.works]

Does he, or does he just say he does? His latest Tariff plan tariffs Canada/Mexico more than China. China gave him all of those trademarks tok.

[k1nsey6@lemmy.world]

Democrats refusing to hold their politicians accountable for the last 50 years resulted in someone like Trump being elected. They accepted small levels of evil that grew exponentially larger with every election, and it's grown so large that someone like Trump was able to make it on the ballot. People like Trump and the country's downward spiral into fascism is a direct action of liberal voters.

[werefreeatlast@lemmy.world]

Also H1Bs...gone. Puff!

Man, at my last job I knew a bunch of guys doing such great job. Very dedicated people who were always very nice and super bright. We're gonna send them to India where they can develop the country and outcompete us.

That sounds fantastic.