To be fair TSMC built, then expanded their fab plans due to the Chips Act passed under Biden. Trump called to repeal said act but realizing its bi-partisan support decided instead to “reshape” it via executive order so he can dip his corrupt fingers into it and sell access. Last part there is my addition, but well within his actions on a multitude of other industries. Biden and co understood, targeted tariffs and supply line security needs to be accompanied with domestic subsidy, unlike Trumps ignorant across the board tariff shit, which just serves as another sales tax on US citizens. That being said, it is crazy unrealistic to have a majority US made switch without crazy investment in US manufacturing.
Trump is a moron in general and his narcissistic/hyperactive behaviour is cringe-worthy but fabs don’t get built in a single term. Biden continued many of Trumps policies because they were popular, funding ICE and increasing deportations included.
To be fair TSMC built, then expanded their fab plans due to the Chips Act passed under Biden. Trump called to repeal said act but realizing its bi-partisan support decided instead to “reshape” it via executive order so he can dip his corrupt fingers into it and sell access. Last part there is my addition, but well within his actions on a multitude of other industries. Biden and co understood, targeted tariffs and supply line security needs to be accompanied with domestic subsidy, unlike Trumps ignorant across the board tariff shit, which just serves as another sales tax on US citizens. That being said, it is crazy unrealistic to have a majority US made switch without crazy investment in US manufacturing.
Trump is a moron in general and his narcissistic/hyperactive behaviour is cringe-worthy but fabs don’t get built in a single term. Biden continued many of Trumps policies because they were popular, funding ICE and increasing deportations included.