Trump To Tariff Chips Made In Taiwan, Targeting TSMC

Ah yes put tariffs on the goods that our allies make, a tried and true solution to the problem of groceries

Long term, more high tech manufacturing will be the result of more technology availability for cheaper, not higher cost chips from overseas

It's my understanding that Taiwan doesn't manufacture the chip producing machines anyways, those come from ASML

The world's largest semiconductor foundry, and one of the primary reasons the U.S. maintains a hold on Taiwan. There are rumours that the US has a plan to blow it up in case of Chinese invasion, that's how valuable it is. So this quite a reversal of strategy.

Tariffs only exist to protect the profits of the ruling class.

Do not be fooled. Tariffs are not good for us.