2 ms·
This is because of the CHIPS act. Other than Trump's constant whinging about China, he didn't have anything to do with this.
by erellsworth 2y ago
This is because of the CHIPS act. Other than Trump's constant whinging about China, he didn't have anything to do with this.
- swalsh 2y agoI understand, but I was commenting specifically around the comment "US Manufacturing is reinvigorating" which it is, and which is more general than chips. I think when the Trump admin renegotiated trade policies (and I'll given Biden credit for keeping them) the economic incentives were rebalanced. I think the result is complex/low volume manufacturing is starting to return to the US, and simple high volume manufacturing is moving to Mexico (which we have a very good relationship with... i'll discredit Trump for being so stupidly aggressive with them in the first few months of his administration though)