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 pretty funny how this is an attack that could backfire extremely.
Almost all of the advanced chips are made using ASML EUV machines. Which is a Dutch company.
If Trump continues on this path of self-destruction, attacking countries and companies around the world, the US might just end up with sub-par chip production like China has. (They have old ASML machines and aren’t getting any new ones). TSMC is one of the biggest partners of ASML and has a LOT of cards to play to get ASML to not supply any machines to the US.
It’s absolutely horrid that a boy like Trump has any power and doesn’t even know that his attacks are nothing more than a punch to his own balls. A normal politician would work on alliances to get chip production going in the US before fucking over all the companies relying on chips. Stuff like subsidies for local chip production are not news worthy enough for him to get any kick out of so he just flexes his power.
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.