this post was submitted on 06 Aug 2025
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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.
Even once it opens, it's cheaper to pay taxes on an empty factory than it is to pay tariffs or American workers.
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.