President Donald Trump says he's imposing a 100% tariff on computer chips— a move that raises the specter of higher prices for electronics, autos, household appliances and other essential goods that depend on the processors.
So no tariffs if built in the us, but tariffs on the building materials coming in to build the chips since America imports these? Am I getting it right that there’ll be tariffs regardless? So why would a company build in the us then?
And when they don’t it’ll be “oh, it’s hard, folks. It’s so hard to build in America. Nobody knew it was going to be this hard, but we’re working on it”
They won’t. Because tariffs are a tax on the consumer. Not like America can get advanced chips from anywhere else. Remember yall, Trump could impose a 1000% increase in all goods and his quality of life won’t go down. Wealthy people don’t care how expensive things get! They have so much money it doesn’t matter. A gallon of milk could literally cost a million dollars and the top 1% could afford milk for every meal and to take baths in it.
So no tariffs if built in the us, but tariffs on the building materials coming in to build the chips since America imports these? Am I getting it right that there’ll be tariffs regardless? So why would a company build in the us then?
I guess his thought process is that chip builder shops will just pop up everywhere because of America’s entrepreneurial spirit!
And when they don’t it’ll be “oh, it’s hard, folks. It’s so hard to build in America. Nobody knew it was going to be this hard, but we’re working on it”
They won’t. Because tariffs are a tax on the consumer. Not like America can get advanced chips from anywhere else. Remember yall, Trump could impose a 1000% increase in all goods and his quality of life won’t go down. Wealthy people don’t care how expensive things get! They have so much money it doesn’t matter. A gallon of milk could literally cost a million dollars and the top 1% could afford milk for every meal and to take baths in it.