this post was submitted on 28 Jan 2025
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Ahhhhh, so he's trying to reinvigorate domestic industry.
Yeah that's his thought process. The US isn't 19th century Japan though.
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.
Yes, we all know Trump wants to make education free lmao
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).
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.