Donald Trump’s administration on Tuesday said it will slap tariffs on Chinese semiconductor imports over Beijing’s “unreasonable” pursuit of chip industry dominance, but would delay the action until June 2027.
The tariff rate will be announced at least 30 days in advance, according to the filing, which follows a year-long “Section 301” unfair trade practices investigation into China’s exports of “legacy,” or older-technology chips to the U.S., launched by former President Joe Biden’s administration.
The move, which preserves Trump’s ability to impose the duties, seeks to dial down tensions with Beijing in the face of Chinese export curbs on the rare earth metals that global tech companies rely on and which China controls.
It’s already ruled unconstitutional for the executive to tax without congressional approval and tariffs are taxes. If there are no sanctions then on what basis are we supposed to believe that crime isn’t legal? The FBI has already said as much with its Epstein cover-up, so now the courts are failing too? What argument is there from the government currently against anarchy?
It’s becoming more clear that the goal of tariffs isn’t to ever actually charge them, since that’s a clusterfuck, it’s to threaten, and manipulate the market. There’s nothing more profitable than manipulating the world’s largest market while holding insider info. In this I guess they never even need to enact unconstitutional tariffs, they just need to chicken out as long as the market makes that profitable for them. With how absolutely pathetic our market gets around rumors, news, and vibes, I’m thinking we’re gonna see reports that Trump is the richest man in the history of the world in not too long.