#TradeWar
The Art of the Trade War
#TradeWar
The Art of the Trade War
Trade wars are like awkward family feuds, but instead of yelling at Thanksgiving dinner, politicians slap each other with tariffs like they're in a passive-aggressive game of economic dodgeball. One country raises steel tariffs, another retaliates with a cheese embargo, and suddenly world leaders are arguing over dairy like it's a geopolitical episode of MasterChef. Meanwhile, politicians give dramatic speeches about "protecting national interests," which loosely translates to, "We have no idea what we’re doing, but it sounds patriotic." In the end, nobody wins—except maybe smugglers and black market avocado dealers.
Trump Targets Semiconductors with Tariffs, Citing National Security Concerns and Boosting US Manufacturing Efforts
- Monday, 14 April 2025
Semiconductors are tiny chips used in electronic devices such as smartphones and laptops, vehicles with electronic control systems, routers, and communication infrastructures. They are central to the global economy, with Taiwan's Taiwan Semiconductor Manufacturing Company (TSMC) providing over half of the world's supply. President Trump plans to introduce tariffs on imported semiconductors to encourage US firms to manufacture more products domestically, citing national security concerns about microchips being produced or sourced from elsewhere. The move is part of a broader effort by the US government to boost technology manufacturing in the country, with some companies such as TSMC already increasing their US presence in response to previous legislation.
