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 an “attack” that Biden had the idea for first. We’ve been working on it for a couple years now already, and the plants are already being built in the US. Nobody thinks of it as an attack.
But.
It’s not working out, because the Taiwanese teaching us how to do it think we’re all lazy, and the Americans learning think the Taiwanese are slave drivers.
Biden did not “attack” TSMC, he developed a plan to bring chip Manufacturing to the US. Orange man’s attack, an actual economic attack, has no actual plan. These attacks will send industries into free fall and he’ll pull the trigger flippantly, right now (the moment when he thinks he has just an idea of his own), long before the market will be able to correct and without taking any steps to mitigate a disaster. Maybe reactive half measures later, but disaster will happen all the same.
I know Biden didn’t attack TSMC, hence the quotation marks around the word.
I got the sense that was what you meant from the rest of your post, although I take it others did not get it based on down votes.
I’m choosing to believe this partly because on my own preconceived notions, but mostly because it’s funny.