this post was submitted on 06 Aug 2025
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Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics (apnews.com)
submitted 1 day ago by Mereo@lemmy.ca to c/technology@lemmy.world
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[–] MyNameIsIgglePiggle@sh.itjust.works 16 points 22 hours ago (3 children)

I watched part of this announcement and he said something I normally don't pick up on

"If they have started to build or have plans to build they don't have to pay the tariff."

Sounds like.jobs.

But what I heard was it was a discount for the oligarchy. Why do you only get a discount if you are in the position to at least pretend to be building a factory?

And then since prices are now double, you get to import and sell at an easy profit.

[–] sobchak@programming.dev 5 points 19 hours ago

Yeah, Apple's stock went up 5% yesterday because of Tim Cook's meeting with Trump (where he promised $600 billion investment in US manufacturing), and Apple's saying they won't be affected by the new 50% tariffs on India. There are also ghost factories that were built during Trump's first term.

[–] explodicle@sh.itjust.works 7 points 20 hours ago (1 children)

Even once it opens, it's cheaper to pay taxes on an empty factory than it is to pay tariffs or American workers.

[–] echodot@feddit.uk 2 points 17 hours ago

Plus of course the problem that chip manufacturing is not a US traditional industry, so there probably isn't that much skilled labor.

Ironically they're probably going to end up having to hire foreign nationals.

[–] michaelmrose@lemmy.world 5 points 19 hours ago* (last edited 19 hours ago)

Which literally means they have to announce fake plans to build which be continually delayed until at least 2028