Remember when Trump put a YUUUGE tariff on chips, from the largest chipmaker in the world?
Well, he sure showed them, didn’t he, as they shifted sales from the US to other markets. The US has only ONE chip manufacturers and they won’t catch up on demand for YEARS.
Ford’s U.S. sales decline 33% in August as chip shortage devastates auto industry
GM to halt production at nearly all North America assembly plants due to chip problem
General Motors will idle the plants starting Monday for two weeks
In 2018, as part of his trade war with China, Trump imposed tariffs on $34 billion worth of Chinese imports, including semiconductors—the first of several salvos in Trump’s trade war with China. Those tariffs are still in effect, and chip imports from China have fallen as the price has gone up.
Donald Trump, the same asshole(R) who killed tens or hundreds of thousands of Americans with his LIES and incompetence on COVID, also helped wreck the auto industry in the US as well as killing exports of US goods to the world.
Dotard, the Repub gift that just keeps on giving…..
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