Opinionated summary:
- Despite Republican assurances, Trump called the CHIPS Act “horrible” and pushed for its scrapping, creating chaos for an industry already struggling with uncertainty.
- The Trump administration has already sabotaged the program by laying off key staff and considering changes to the projects, showing its disdain for U.S. industrial growth.
- Industry leaders, who have already committed billions to U.S. chip production, are now left in limbo, thanks to Trump’s shortsighted, destructive rhetoric.
I thought they wanted to on-shore industry to the US.
I’m starting to think Trump is being disloyal to Putin by moonlighting for Xi.
from the article, it sounds like he is… It’s carrot/stick… Oh you already introduced a carrot when I was out of office… but, I wanted to use sticks, Kill the carrot, more stick!
(tarrifs being the stick).