Wouldn’t this only affect goods manufactured in the USA? If a finished product containing chips from say, Europe, were to land on USA shores it would only have a 15% tariff right?
Why does trump hate American manufacturing?
Huh? No, it’s the opposite. You should really look up how tariffs work. They drive up prices for goods manufactured outside the US. Local goods are unaffected, giving them a competitive advantage.
I honestly can’t tell if you’re serious. You do know that the vast majority of the chips in all the devices you use are not manufactured in the US? Doubling the prices of the chips imported to manufacture devices here will obviously jack up the prices of those devices
Why wouldn’t I be serious? If they’re manufactured outside the US then they’re obviously not manufactured in the US?
I believe they’re referring to products made in the USA that contain chips.
As in importing chips would be 100% but importing a product that contains chips would be 15%?
The tariffs only apply to the imported products. That’s how tariffs work. If you import components into a US product then you only pay the tariff on those components, not the entire product.
The tariffs only apply to the imported products. That’s how tariffs work.
Right.
If you import components into a US product then you only pay the tariff on those components, not the entire product.
Isn’t that in agreement with OP? Any products made in USA that contain chips will cost more to make due to the 100% tariff on the chips.
Isn’t that in agreement with OP?
No, OP said it only applied to US products. It’s applied to all imported products. That’s what a tariff is.
All the dangers they tell us about being over weight and eating like shit, and this mother fucker is still clinging to life like an 80s action hero clings to the underside of a helicopter at the climax of the movie. Come on clogged arteries, do something!
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I was looking at the stock performance of Semiconductors today and they’re pretty much all green except for Intel. Why? Because they’ve all announced plans to invest in the US (even though they probably won’t ever make good on their commitments). That buys them an exception to the tariffs. So it’s pretty much a 100% tariff on no major player. Intel was down because Tom Cotton and now Trump are attacking their new CEO Lip Bu Tan who has a long successful track record in the industry but has Chinese investments which they think somehow implicates him or creates a national security risk even though TSMC is ahead of Intel in fab capability. Anyway the point is this is just rhetorical grand standing with no serious impact.
