Trump says he had a 'good meeting' with Jensen Huang but still plans to tariff foreign-manufactured semiconductors. Tariffs on China and Mexico also go into effect tomorrow.
All that bending over with a leather jacket on and nothing to slow for it.
Where are we going to buy TSMC chips from? Samsung and Intel are behind in manufacturing. There is no alternative so American companies will pay the tariff. It isn’t a tax on foreign companies. It’s a tax on American consumers.
Consumers will see 25% higher prices. It will crash the economy. But again, it is Americans who pay tariffs. It is Americans who will suffer.
If a company imports Nvidia chips into Canada they don’t pay American tariffs. Tariffs are only paid when those chips are sold into the US. Trump is giving a competitive advantage to Canadian tech companies.
You are correct. I know it is a tax that will be paid by us. These will probably collapse the US economy. I give it 8 months. Then another 6 to start wiping out the rest of the worldwide markets. Maybe two years before we become a warring shithole with nukes.
Where are we going to buy TSMC chips from? Samsung and Intel are behind in manufacturing. There is no alternative so American companies will pay the tariff. It isn’t a tax on foreign companies. It’s a tax on American consumers.
Consumers will see 25% higher prices. It will crash the economy. But again, it is Americans who pay tariffs. It is Americans who will suffer.
If a company imports Nvidia chips into Canada they don’t pay American tariffs. Tariffs are only paid when those chips are sold into the US. Trump is giving a competitive advantage to Canadian tech companies.
You are correct. I know it is a tax that will be paid by us. These will probably collapse the US economy. I give it 8 months. Then another 6 to start wiping out the rest of the worldwide markets. Maybe two years before we become a warring shithole with nukes.