The Biden administration has pledged to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the first time.
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Then they make it here too only in a smaller scale and charge 20 times as much. Then when nobody buys it because it’s too expensive, they say “see, we told you we couldn’t do it” and then everyone wants it made it china again so we can have it.
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That’s not how it works though. It’ll cost too much to make and export. Someone else will make it in China and undercut the US version and that factory will go under. It’s not as simple as saying you need to make it here in the US.
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The current plan seems to be a good call. If you’re struggling with it because of Biden, just pretend it was trumps idea.
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You’re right, that’s why I said IF.