Edit: Apologies, didn't mean to be (that) flippant. I meant more like, we can't look much about what he says. Only look at what he does, and it seems he can do incredibly destructive things.
I don't see any reason why he might not put 100% tax on any random business that doesn't do what he tells them to do, given what else he's demonstrated no concern about actually doing.
This entire persona of the cool, calm, detached person who acts like they are above the fray the the actual real life day to day political realities is so tiresome.
I understand it’s a nice personal coping strategy so that you can convince yourself that don’t need to actually do anything but the whole “you’re overreacting” crowd is one of the most embarrassingly misguided groups of people I’ve seen in a long time.
It seems that Trump is out of control and Americans are lethargic or just scared. We see one crazy news after another, people on HN don't even bother commenting anymore.
"Now" is a misnomer. They're laws from when we were spending absolutely massive amounts of money keeping Taiwan, Germany, Poland etc independent. (Read: a long time ago.) They also include arbitrary property confiscation and a whole slew of other powers. Ignorance is bliss.
TSMC should call the bluff. They arent exporting anything to US. Apple, Nvidia, AMD and Intel are. Those four are over 50% of TSMC output and their clients will pay tariffs, whats more there is nowhere else to go but TSMC for those four.
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[ 2.7 ms ] story [ 68.1 ms ] threadEdit: Apologies, didn't mean to be (that) flippant. I meant more like, we can't look much about what he says. Only look at what he does, and it seems he can do incredibly destructive things.
I don't see any reason why he might not put 100% tax on any random business that doesn't do what he tells them to do, given what else he's demonstrated no concern about actually doing.
Unfortunately, given what he's also said of the trade deal that he himself signed, nobody can seriously do a deal with him ever even if it seems to be in their immediate interests: https://www.huffpost.com/entry/trump-usmca-nafta-tariffs-can...
I understand it’s a nice personal coping strategy so that you can convince yourself that don’t need to actually do anything but the whole “you’re overreacting” crowd is one of the most embarrassingly misguided groups of people I’ve seen in a long time.
This is what they think “winning” is.
I miss the rule of law. It was nice while we had it.
1. Hey, TSMC, come to the US, we will give you a fuckton of CHIPS Act money and extend the US military umbrella over Taiwan.
2. Oh, yeah, it turns out building and runnig an advanced fab in the US is 3x more expensive than in Taiwan. Too bad.
3. Hmm, now that you are here, why don't you co-invest into Intel and share some of your IP?
4. No? Here, have some 100% tariffs. Nice doing business with you.