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The U.S. tech industry relies on Taiwan mainly for semiconductors. Taiwan's 32% tariffs don't apply to semiconductors.


Fine Print Provides Some Relief

The fine print of President Trump's executive order indicates that reciprocal tariffs won't apply to autos, semiconductors, steel, aluminum, copper and other products already targeted or potentially still to be targeted by sectoral tariffs. That means Taiwan Semiconductor chips produced in Taiwan for the U.S. market won't face a 32% tax. However, Trump has previously said he wants to apply a 25% tax on chips.
Taiwan for the most part delivers the wafers, which then get shipped to China, Thailand, Malaysia etc etc to be assembled into chips, some are also assembled in Taiwan, some.

The semiconductor supplychain is a global one, starting will bare silicon and ending with chips being tested before being put in the final product like eg an iPhone
 
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Why is this so hard to grasp?? These countries will cave and when they do the US will boom.
Cave what? What is Cambodia going to cave in and give us? Australia, they don’t tariff us. What do they owe us and what are they going to give in and give us? We don’t make jack and that’s not about to change. These tariffs are just going to make regular Americans poorer.
 
Apple CEO Tim Cook has said in the past that the United States is not able to compete with China and other countries when it comes to manufacturing due to a lack of skilled workers with expertise in advanced tooling.
The U.S. lacks skilled workers despite having free public education, the best universities with guaranteed loans, and an extremely liberal immigration and foreign worker program? If that’s true then we need to double the tariffs. Of course the real truth is businessmen have been burning our country down, sucking all the accumulated wealth out of it, for sixty years.
 
Yep, we are and we are perfectly OK with it. Tell Tim Apple to ask those governments to remove or lower their tariffs on the US and we will do the same. It's not hard to understand. The US is NOT a charity.
So why didn’t Trump negotiate free trade agreements rather than imposing tariffs which will only spark a tariff war, create higher prices for US consumers and increase inflation.
 
Yep. The time to buy is now when they’re on sale. It always recovers. Unless the apocalypse happens. Then it doesn’t matter anyway.
Well, not NOW but yes once it bottoms out. We don't know exactly when that will be especially since we don't know how countries and companies will respond but yes, eventually, someday, it will bottom out and we can buy bargains. I suppose, in that sense, the Great Depression was a good thing. Hmmm, maybe we hope for an even bigger Great Depression with the knowledge that after a few years there will be bargains galore!
 
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Why is this so hard to grasp?? These countries will cave and when they do the US will boom.
You seem to miss the vital point. Most of the companies manufacturing in these countries are American companies who moved their manufacturing overseas to lower costs and increase their profits. Blame those greedy American CEO’s rather than poor countries trying to make their countries a bit richer.
 
Personally I’d like to see the proof about all these alleged foreign tariffs. No, Trump’s word and flannel board or PowerPoint deck do not constitute proof. We already have an Aussie here saying they don’t have any tariffs on US goods at all, and I reckon they are not alone.
 
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So why didn’t Trump negotiate free trade agreements rather than imposing tariffs which will only spark a tariff war, create higher prices for US consumers and increase inflation.
I'm not sure he knows how to. He negotiated and signed the U.S.-Mexico-Canada Agreement (USMCA). He touted how great it was...


The USMCA is the fairest, most balanced, and beneficial trade agreement we have ever signed into law.

But we’re bringing your jobs back to America. Jobs are coming back, and they’re coming back fast, and they’re coming right here to Michigan. They are coming rapidly. You see what’s going on.

[ . . . ]


The USMCA is an especially big win for American auto workers. And we will create up to 80,000 — minimum — 80,000 — probably about 120,000 — new jobs. And that’s something that you haven’t seen. But over the last couple of years, you’ve been seeing what’s happening. It’s coming back. It’s all coming back.


... until it wasn't, and on February 24, 2025, he criticized how unfair trade was under the USMCA

“I look at some of these agreements, I’d read them at night, and I’d say, ‘Who would ever sign a thing like this?’ So the tariffs will go forward, yes, and we’re gonna make up a lot of territory. All we want is reciprocal. We want reciprocity.”

and slapped 25% tariffs on Canada and Mexico.
 
Apple can absorb more of the tariffs than its competitors, though of course that will compress its profit margins, hence the fall in the share price. I think a question is how long these tariffs last, particularly if they prove unpopular with Trump’s base. If we don’t see more companies moving production to the US he might need to change course.
 
So all that bootlicking by Tim (inauguration, $$$ donations) is for nothing? LMFAO.
The Wall Street Journal is lamenting that the tariffs might lead to MORE lobbying by companies trying to negotiate exemptions for themselves.
 
I've been losing a lot in my retirement 401K but I'm counting on one key thing to help turn it around in a short while. For once I'm actually counting on the saying that rich people control this country to be very true. Those people will be hurt bad by this and maybe, somehow they will influence the right people to turn this around. Fingers crossed.
I work with the extremely wealthy. They will not care about this at all. They have more money than you can imagine. Generational wealth that will not disappear for generations. The people most hurt will be the middle class and the fake rich. The ones who are addicted to buying crap they don’t need also will not feel good. A new age of minimalism is near.
 
The Republican controlled Congress hasn't had a spine to prevent Trump from performing a laundry list of illegal acts that have already taken place. Democracy has failed in America.
It's a good thing we don't have a democracy in America then huh?
 
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