- cross-posted to:
- technology@beehaw.org
- technology@lemmy.world
- cross-posted to:
- technology@beehaw.org
- technology@lemmy.world
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.
It’s also weird that we would Tariff Taiwan while they’re in the middle of a losing power struggle with China.
Not weird when you realize that either the CCP or one of the Chinese companies that are required to have party members on board, “donated” to Trump’s inauguration fund.
Oh for sure, and online misinformation and TikTok were both the CCP boosting Trump during the campaign as well, but I meant weird from a sane person’s perspective.