What you will do about Trump’s prices, they definitely make, let’s say, ‘interesting’ times. And if you were in doubt about the purpose and spirit of these Levies, the latest comments about Trump’s chip giant TSMC should clean things: “I just said that if you do not build your plant here, you are going to pay a big tax … 25, perhaps 75, maybe 100 %.”
Trump said in a recent Republican National Congress Committee event (Via Reuters) In my ears it has a slight ring of strong weapons plans, but President Trump’s argument will undoubtedly say that if he works, it works. ‘Working’ here means that TSMC will transfer its production to the United States, and in order to be in accordance with this bold tariff strategy, TSMC is now planning to invest 100 billion in the United States.
