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by stewx 802 days ago
Another approach would be to apply tariffs to chips coming from adversary countries, until it becomes more economical to produce them in North America.
4 comments

>Another approach would be to apply tariffs to chips coming from adversary countries,

But Taiwan isn't an adversary of the USA so why would tariffs be "another approach"?

Taiwan isn’t an adversary.

That’s the problem we are trying to solve: Too many important chips are made there.

The Information Technology Agreement of WTO[1] eliminates taxes and tariffs for IT products, I'm not sure if chips belongs to this agreements?

[1] https://www.wto.org/english/tratop_e/dtt_e/dtt-ita_e.htm

That would increase costs for US consumers drastically in the interim 20 years it takes to get those fabs online