- Feb 21, 2023
- 5,242
- 12,379
People forget that when Trump slapped tarrifs on ChiNa in his first term, they actually came to the table and negotiated. Then when Biden came in, they fucking destroyed us again and started to threaten to taking over Taiwan to get control of all the chip manufacturing. Fortunately Taiwan Semi Conductor has decided to put a bunch on chip manufacturing stateside. They have built a huge facility about 12 miles from my house and it started producing chips recently. They are now producing chips not much higher cost than in Asia. They announced another huge expansion a month ago.EXACTLY, they all whine like bitches but have taken us for a ride for decades. We finally have someone with the balls (er, courage) to right the ship. Like Axe said, I’m also willing to tolerate some short term pain. They’ll all be licking our boots soon. The whole idea is to get investment, manufacturing and jobs back onshore or the whiners will lower their tariffs.
Honda is building a new factory to build the next generation Civic in Ohio. That's their best selling vehicle.
We can do this shit and get back to a level playing field, but it won't be for the weak. Once it's back in balance the entire world will benefit from fair trade.
It's the only way we'll ever see a meaningful tax break. Otherwise we're just subsidizing every other country that leaches off us.
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