tariffs arent going to bring back domestic production, the things we import are done so because its cheaper for American consumers
if we manufacture things that are more expensive, Americans will pay far more
Trump is using tariffs as a battering ram and nothing else
I'm pretty astounded how so many of your speak with such certainty on what will happen. I swear it's like you guys have a crystal ball or something. Some things will be brought here, some things won't. I can give you an example of some things but it will be water off a ducks back as you guys simply pivot and move on to the next thing to obsess over Trump.
In 2020 Taiwan Semi announced plans to invest 12 billion dollars and bring a chip factory in Arizona. That didn't come from direct threat via tariff, but it came because both Trump and Biden pressured for us to have these critical industries that are considered of national security interests here in the US, with chips being a massive one. Since then, that commitment grew to 65 billion. Now no one is going to draw you a straight line and say we Taiwan Semi are investing in the US because the US pressured us to, but anyone with an ounce of discernment understands why it happened. Taiwan could very well fall under Chinese control in the future so the US has made sure Taiwan Semi can produce critical infrastructure here within the US.
If only you guys would understand that these things aren't decided in hours or days but literally take multiple years for decisions to be made. But tik-tok culture with shorts has really stunted your attention spans where you expect things to materialize in extreme short term. Today's tariff threat could drive investment that might happen 5 years from now, but don't expect that decision to be made hastily or lightly when it's literal billions on the line.
edit: Here's more detail if you care. And that decision that was announced in 2020 probably took months if not years for TSM board and US to decide upon behind closed doors. So literally lets say from 2019-2030 to materialize fully. And you guys expect things to happen in a month after he takes office? lol.
Quote
TSMC indicated their intention to build an advanced semiconductor fab in the United States in May 2020. Specifically, they announced plans to invest $12 billion in Arizona, with construction starting in 2021 and production targeted to begin in 2024. However, subsequent announcements and delays have shifted the timelines:
In December 2022, TSMC committed to building a second fab in Phoenix, increasing the total investment to $40 billion.
By November 2024, it was reported that the first factory would begin full production levels in early 2025.
In January 2025, it was noted that the second Arizona factory, intended for 3nm and 2nm technology, was now expected to begin full production in 2028.
An announcement in 2024 also confirmed plans for a third fab, which would start production by the end of the decade, bringing TSMC's total U.S. investment to more than $65 billion.
Thus, TSMC indicated they would bring their US factory to full production at different stages, with the first fab in early 2025, the second in 2028, and the third by the end of the decade.
This post was edited by ofthevoid on Feb 3 2025 05:48pm