Trump to tariff chips made in Taiwan, targeting TSMC

[alekwithak@lemmy.world]

Didn't he just shut down American chip manufacturing, too? How can the broligarchy rule over us if we can't afford computers?

[ricdeh@lemmy.world]

People that didn't vote for Kamala gave you Trump.

[ilovethebomb@lemm.ee]

This would only work if the tariffs were bipartisan, and clearly here to stay, and even then only if the USA alone is a big enough market to justify building a factory for.

Otherwise companies will just wait it out.

[1984@lemmy.today]

Interesting how you all believe voting is accurate and not manipulated in the US.

[tommasz@lemmy.world]

I suspect this is part of his strategy to hand Taiwan over to the PRC, if "strategy" can be used to describe anything he does.

[0x0@programming.dev]

I.e. Trump wants to have no new chips in the coming years... ok.

[johnnycanuck@lemmy.ca]

I haven't heard about this? What'd he do?

[shiggles@sh.itjust.works]

It makes me optimistic - he’s fucking with the money. Change can happen real goddamn quick when someone starts fucking with the money.

[bronzebeard@lemm.ee]

That's... All of them, the dumb fuck. The factories we started building to being done production here, aren't finished yet. We're about to have the covid chip shortage all over again.

[iopq@lemmy.world]

Lol, guy with 1984 as the username thinks everything is a conspiracy

[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.