• JaymesRS@literature.cafe
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    4 months ago

    But I thought the Tim Apple donation to the trump inauguration was supposed to curry enough favor to avoid this.

    ThisIsMySurpisedFace.jpg.

  • Phoenixz@lemmy.ca
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    4 months ago

    Lol, I’d love to watch everyone in the US paying triple for literally anything that has electronics in it.

    If Trump then wants to build chips in the US, good luck. ASML is the only one with the machines, first of all, and by the time he can buy those, something tells me they might have some extra tarifs added to them, and then paying US salaries for electronics would skyrocket prices to people having to pay four-five times the amount of what they’re paying now.

    Not saying that the near slavery conditions in Asia are fine, that should have changed decades ago, but the way trump is doing this is hilarious, people will want his head on a plattee

    • CheeseNoodle@lemmy.world
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      4 months ago

      iirc the machines that TSMC uses are made in Holland right when he’s also apparently doing his best to piss of Europe, even then there’s like a decade long order backlog.

  • mriguy@lemmy.world
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    4 months ago

    Gosh Tim. How is that million dollar personal contribution directly into Trump’s pocket to Trump’s inauguration fund working out for you?

      • ZILtoid1991@lemmy.world
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        4 months ago

        They will first go “I don’t buy those damn consoles and gamer PCs every few years”, then find out once their new iPhones will be much more expensive…

        • schizo@forum.uncomfortable.business
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          4 months ago

          Everything will be more expensive, if it uses a modern CPU. Phones, tablets, computers of any type from any company (both Intel and AMD are fabbing consumer CPUs on TSMC, as is Apple and Qualcomm), TVs, set top boxes, everything.

          Right now TSMC is basically the only fab anything consumer-facing is made on, which is not a great thing in general, but vice president trump just decided that anything electronic needs a hefty price hike.

        • TheFonz@lemmy.world
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          4 months ago

          They seem to like cars a lot. Remember when there was a car shortage because chip manufacturing froze during Covid?

  • thejml@lemm.ee
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    4 months ago

    He emphasized that the proposed tariffs would leave companies with no choice but to invest in domestic production facilities to avoid high taxes.

    No choice except the obvious: Pass the cost of the Tax into the customer because there’s no way they’re going to spend billions to stand up a US fab plant anytime soon.

    • schizo@forum.uncomfortable.business
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      4 months ago

      No choice except the obvious: Pass the cost of the Tax into the customer because there’s no way they’re going to spend billions to stand up a US fab plant anytime soon.

      TSMC is standing up fabs in the US, mostly because we’re bribing them to do so.

      The problem is that it takes literal years to build high tech manufacturing and isn’t something you can yank out of your ass to satisfy some idiot politician.

      • cyd@lemmy.world
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        4 months ago

        By Taiwanese law, TSMC isn’t allowed to move cutting edge processes to its US plant. The overseas operations have to be at least one gen behind.

        From a strategic point of view, it makes sense for the Taiwan government to do this. They don’t want the US to suck them dry then cut a deal with the mainland.

        • schizo@forum.uncomfortable.business
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          4 months ago

          I mean, it’s economic blackmail: we won’t build the good shit anywhere else, so if you don’t protect us, you get nothing.

          Effective, but only if you’re dealing with someone who is rational, and, well, have you seen the brain-worm oligarchs in charge of the US lately?

          • Voroxpete@sh.itjust.works
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            4 months ago

            For Taiwan, it’s a matter of survival, plain and simple. They’re not going to give up their monopoly because without it they cease to exist. It does not matter how irrational the person they’re dealing with is, because for them this is life and death, literally. TSMC is the single biggest national security asset they have.

    • RangerJosey@lemmy.ml
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      4 months ago

      That’s just how tariffs work. They’re not a weapon against enemy nations. They’re a tax on Americans.

      And nobody is going to bring production back to this fascist slave pen of a country.

  • surph_ninja@lemmy.world
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    4 months ago

    And they’re not even trying to create American jobs with this crap. The CHIPS Act is paired with a “chipmaker’s visa,” which intends to import cheap labor from Taiwan to work the US chip factories.

      • surph_ninja@lemmy.world
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        4 months ago

        You’re not wrong, but the Dems are in on this, too. They were pushing the same chipmaker’s visa when they had the reigns, so I wouldn’t count on them helping.

        • interdimensionalmeme@lemmy.ml
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          4 months ago

          They are also billionaire’s stooges. They’re just the “good cop” part of the arrangement. When we politely accept their domination rather than rebelliously accept their domination. Those are the only two choices.

  • BeMoreCareful@lemmy.world
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    4 months ago

    I don’t get the goal here. It’s not just that existing fabs are in Taiwan, I thought it was the knowledge was as well.

    I was under the impression that we’d built a couple of fabs here and they’re not productive due to a knowledge deficit. Maybe I’m uninformed.

    It seems, to my uninformed self, that if we impose tariffs we’d be strengthening Taiwan/China relations. Wouldn’t China still serve as a middle man?

    I don’t see us manufacturing when the dollar is so high relative to foreign currency; add in the lack of knowledge and facilities and I’m not sure what you get.

    • Guy Ingonito@reddthat.com
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      4 months ago

      I truly believe these are his way of soliciting bribes from foreign and domestic businesses.

      They’re going to have to pay him to get around them.

  • philpo@feddit.org
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    4 months ago

    And in two weeks there will be a special executive order to free his Tech Bro oligarch buddies from these tarrifs so Meta and Elmo are not forced to pay a dollar extra.

  • humanspiral@lemmy.ca
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    4 months ago

    To avoid this, the administration would need to introduce exemptions, just like it did with China-made graphics cards and motherboards years ago.

    If that is the approach, it would ensure tech monopoly for 5 years for all of the oligarchy that kisses his diaper.

    More major issues with this is that while high end Chip production may be high value manufacturing, motherboards, electronics, and assembly is not, and there would likely be an export of chips to somewhere else to import finished products.

    US/Trump explicit hatred for world is likely to get retributive tariffs, that makes chip plants unproductive investments, though Trump is hoping to have high foreign ownership/investment in those plants.

    In 2022, the export share of Taiwan integrated circuits to US was just 2.46%, although in early 2024, total (all goods) Taiwan exports had US take lead over China for the first time.

    That both US and China are decoupling from Taiwan is going to reduce any geopolitical subservience impulse that provokes a war with China. Taiwan may get closer to China instead of begging for more US “friendship”.