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[-] thejml@lemm.ee 80 points 3 weeks 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.

[-] infinitevalence@discuss.online 18 points 3 weeks ago

More so when these plants take 10 years to build. They will pass along the cost and just wait him out.

[-] Eatspancakes84@lemmy.world 5 points 3 weeks ago

Also, because these investments are long-term when the tariffs are likely to only be short term.

[-] Cheems@lemmy.world 2 points 3 weeks ago

Yeah but what corporation is going to think of the obvious solution?

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.

this post was submitted on 28 Jan 2025
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