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Trump To Tariff Chips Made In Taiwan, Targeting TSMC (www.pcmag.com)

submitted 2 days ago by [email protected] to c/[email protected]

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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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[–] [email protected] 14 points 2 days ago

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.