Comment on Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics
artyom@piefed.social 3 weeks agoIf you manufacture the product in the US, you need to pay 100% tariffs for all the chips.
Incorrect. Once again, tariffs are only for imported products. That's how tariffs work.
arcterus@piefed.blahaj.zone 3 weeks ago
I'm convinced you're a bot. That is not in fact how tariffs work since the chips are not made in the US.
artyom@piefed.social 2 weeks ago
Its really fucking lame to label everyone your don't understand as a "troll/bot".
I don't know how many ways there are to explain that tariffs only impact imported goods. If it's manufactured in the US, there is no tariff. This is, in fact, how tariffs work.
arcterus@piefed.blahaj.zone 2 weeks ago
My dude, the chips aren't manufactured in the US. If the tariffs don't apply to the chips that are inherently imported from outside the US since basically only TSMC and Samsung make them at this point, then there is no tariff at all. Companies in the US import the chips, then use the imported chips as part of their products. All the companies in the US do is assemble the imported parts (and sometimes not even that).