"Industry experts told Business Insider that tariffs on foreign-made chips could help level the playing field for US chipmakers, which are facing fierce competition from their counterparts abroad."
"Trump criticized the Biden administration's CHIPS Act legislation...He said that the federal government should have implemented tariffs instead to motivate global chipmakers to build more factories in the US."
"The tariffs could also encourage US businesses to source more chips domestically and help persuade chipmaking giants, like the Taiwan-based TSMC, to keep building factories in the US."
"To be sure, the impacts of a tariff policy on chips could be mixed...how much job growth could actually be driven by these policies is still a matter of debate among experts."
Collection
[
|
...
]