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A strategic triumph for both the current and previous administrations. Both Trump and Biden handled the situation adroitly. These may not be the absolute bleedi
by tomcam 2y ago
A strategic triumph for both the current and previous administrations. Both Trump and Biden handled the situation adroitly. These may not be the absolute bleeding edge tech but it’s a proof of concept that we can wean ourselves from Chinese tech if it becomes necessary.
It comes at the cost of many, many Chinese jobs in the midst of a devastating economic downturn there. They are victims of repeated local and geopolitical malpractice by the current emperor.
EDIT: User lotsofpulp pointed out that we don’t make any strategic chips in China. That is of course true. I meant that the game of economic chess played by the current and previous administrations has been highly effective in reducing China’s options.
- lotsofpulp 2y ago>It comes at the cost of many, many Chinese jobs in the midst of a devastating economic downturn there As far as I know, TSMC does not make chips in China.
- tomcam 2y agoThey don’t. I was unclear. What I meant to say was that our tightening of sanctions against China has harmed their economy greatly. It is an act of economic war against their acts of economic war.
- chuckadams 2y agoTSMC Fab 10 is in Shanghai. Probably not cutting-edge stuff coming out of there though.
- lamontcg 2y ago> Both Trump and Biden handled the situation adroitly. Trump started trade wars by raising tariffs. Biden passed the CHIPS act, the infrastructure bill, and the build back better act.
- tomcam 2y agoBiden continued Trump tariffs and raised many of them, appropriately. https://taxfoundation.org/research/all/federal/trump-tariffs-biden-tariffs/ https://taxfoundation.org/research/all/federal/trump-tariffs...
- laidoffamazon 2y ago> Both Trump and Biden handled the situation adroitly. I don't remember any news like this during the Trump administration. I do remember the Foxconn plant that didn't open though!
- tomcam 2y ago[flagged]
- laidoffamazon 2y agoLast time I checked this was a News site
- Cthulhu_ 2y agoThat's because a lot of news was dominated by him tweeting about his daily ablutions or something. I'm not convinced how much Trump himself was involved in all that to be honest.