The tariffs would ensnare cutting-edge smartphone and PC-related chips for Apple, AMD and Nvidia if enacted. But Trump is betting his plan will bring more chip production to the US.

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  • ඞmir
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    1 day ago

    I see he adopted “death to America”

  • 0x01
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    2 days ago

    Ah yes put tariffs on the goods that our allies make, a tried and true solution to the problem of groceries

    Long term, more high tech manufacturing will be the result of more technology availability for cheaper, not higher cost chips from overseas

    It’s my understanding that Taiwan doesn’t manufacture the chip producing machines anyways, those come from ASML

  • jsomae
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    2 days ago

    The world’s largest semiconductor foundry, and one of the primary reasons the U.S. maintains a hold on Taiwan. There are rumours that the US has a plan to blow it up in case of Chinese invasion, that’s how valuable it is. So this quite a reversal of strategy.

    • Buddahriffic@lemmy.world
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      2 days ago

      As I understand it, TSMC and Taiwan themselves have a plan to blow up the foundries should a China invasion look like it’s going to succeed. They are already rigged with the explosives from what I understand.

  • freagle@lemmygrad.ml
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    2 days ago

    He said he was gonna apply tarrifs to China. This is consistent with the One China policy.

    • dawnglider
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      1 day ago

      Wait I somehow never thought about this, does the one china policy really dictates that they have to apply tariffs across the strait? I assume it’s in jest since I’m pretty sure they regular import/export on a smaller scale yet (like ban on Xinjiang imports), but I’m curious

    • تحريرها كلها ممكن
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      2 days ago

      Yellow Perilism isn’t just about PRC. Japan suffered from it first hand in the 1980s and 1990s. Anti-Asian racism runs deep in the US and the West.

  • john89@lemmy.ca
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    2 days ago

    Tariffs only exist to protect the profits of the ruling class.

    Do not be fooled. Tariffs are not good for us.

    • TachyonTele@lemm.ee
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      Japan used tariffs to increase domestic industries and leap frog into the 20th century. It enabled them to take part in WW II and beyond. That’s why you’ll see giant corporations that control multiple different industries.

      It did work for Japan. The US is in a completely different situation though, and it’ll only hurt.

        • TachyonTele@lemm.ee
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          2 days ago

          You know it wasn’t the same. And if you don’t know that then you shouldn’t even respond like that.

          • تحريرها كلها ممكن
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            2 days ago

            You clearly know nothing

            The United States pursued a protectionist policy from the beginning of the 19th century until the middle of the 20th century. Between 1861 and 1933, they had one of the highest average tariff rates on manufactured imports in the world. After 1942, the U.S. began to promote worldwide free trade. After the 2016 presidential election, the US increased trade protectionism.[2]

            https://en.wikipedia.org/wiki/History_of_tariffs_in_the_United_States

            • TachyonTele@lemm.ee
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              2 days ago

              Has nothing to do with the current situation.

              But “america bad” so you do you.

                • TachyonTele@lemm.ee
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                  1 day ago

                  There it is. ML user is a single issue voter, if they’re even American to begin with .

                  You can’t even distinguish between a century wide gap in economics and today.

    • Soup@lemmy.world
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      2 days ago

      Tariffs can help with preparation, and they are a tool like many other policies. These ones, though, are not thoughtfully planned out. These protect no one, not even the mega-corps who need to figure out how to make everything domestically or price themselves out of the market.

      • john89@lemmy.ca
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        2 days ago

        Not true. A nation doesn’t need tariffs to help with preparations unless they’re also trying to maintain the dominance of their ruling classes.

        Tariffs mean we have to pay for it instead of them. They can afford it, but they won’t foot the bill unless they are forced to.

  • تحريرها كلها ممكن
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    2 days ago

    And people said nothing good will come out of Trump :D Weakening the US’ position internationally and its allies is a good thing in my opinon.

      • NatakuNox@lemmy.world
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        2 days ago

        Lol the chips Intel and TSMC make in the US are three generations old and no where near producing the amount needed to even cover the USs needs.

      • fuckwit_mcbumcrumble@lemmy.dbzer0.com
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        2 days ago

        Intel is currently floundering unable to make a good (reliable) node. TSMC can make the chip, but the very important step of packaging needs to be done in Taiwan still.

          • sibachian
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            1 day ago

            could be, if he also made education free. since he is currently reversing the global brain drain by deporting immigrants. i don’t see what other next step he could possibly commit to unless he expects re-industrialization to just magically appear out of thin air.

        • BombOmOm@lemmy.world
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          2 days ago

          Yeah, seems to be the carrot and stick approach. Biden provided the carrot a few years ago (subsidies for new US plants) and Trump is providing the stick (tariffs for offshore imports).

          • entropicdrift@lemmy.sdf.org
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            2 days ago

            The biggest issue being that despite having operational fabs here, TSMC still needs to ship their wafers to Taiwan in order to process them into chips.