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Trump To Tariff Chips Made In Taiwan, Targeting TSMC
(www.pcmag.com)
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this post was submitted on 28 Jan 2025
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Tariffs can help with preparation, and they are a tool like many other policies. These ones, though, are not thoughtfully planned out. These protect no one, not even the mega-corps who need to figure out how to make everything domestically or price themselves out of the market.
Not true. A nation doesn't need tariffs to help with preparations unless they're also trying to maintain the dominance of their ruling classes.
Tariffs mean we have to pay for it instead of them. They can afford it, but they won't foot the bill unless they are forced to.