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tblue37

(65,269 posts) Wed Jul 7, 2021, 04:00 PM Jul 2021

Trump's trade war with China drastically reduced availability of semiconductors:

Link to tweet

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Text

Trump imposed 25% trade war tariffs on semiconductors beginning in July 2018. The US now imports **half as many** semiconductors from China as it did pre-trade war. (That's billions of fewer chips).

Those missing chips have NOT been replaced by imports from elsewhere... 3/

5 replies

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Trump's trade war with China drastically reduced availability of semiconductors: (Original Post) tblue37 Jul 2021 OP

Not shocking. No telling what loose ends of Trump's trade war "negotiations" will GoodRaisin Jul 2021 #1

Betcha this was Trump's marching orders received from Putin in Helsinki..... OAITW r.2.0 Jul 2021 #4

I imagine it might decades to realize all damage that dumb bastard caused. rickyhall Jul 2021 #2

Something like 40% of all farmers were getting some kind of payment in order to offset Donny's ... Botany Jul 2021 #3

Trump's trade wars, You know, the ones that he said were so easy to win, panader0 Jul 2021 #5

GoodRaisin

(8,920 posts)

1. Not shocking. No telling what loose ends of Trump's trade war "negotiations" will

Reply to tblue37 (Original post)

Wed Jul 7, 2021, 04:09 PM

Jul 2021

come back to bite Americans in their exposed arses.

OAITW r.2.0

(24,393 posts)

4. Betcha this was Trump's marching orders received from Putin in Helsinki.....

Reply to GoodRaisin (Reply #1)

Wed Jul 7, 2021, 04:20 PM

Jul 2021

nothing else makes sense. Why would Trump penalize Taiwan (TSMC) while doing this bogus tradewar with China?

rickyhall

(4,889 posts)

2. I imagine it might decades to realize all damage that dumb bastard caused.

Reply to tblue37 (Original post)

Wed Jul 7, 2021, 04:16 PM

Jul 2021

Botany

(70,476 posts)

3. Something like 40% of all farmers were getting some kind of payment in order to offset Donny's ...

Reply to tblue37 (Original post)

Wed Jul 7, 2021, 04:19 PM

Jul 2021

... trade war. And now this? Fucking business genius he is. And who will make out in the end
run? Can you say China?

panader0

(25,816 posts)

5. Trump's trade wars, You know, the ones that he said were so easy to win,

Reply to tblue37 (Original post)

Wed Jul 7, 2021, 04:22 PM

Jul 2021

cost US farmers their largest soy bean market (China) and most of their corn markets.
It took those Trump voting farmers years to corral that market, and then they lost it to Brazil,
and it may take many years to get at least some of it back.
From what I can tell, every trade war deal that Trump made was a bust and f'ed our economy.
Canadian lumber anyone?

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