Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer
Donald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China.
The new tariff, which will take effect on 4 December, is aimed at supporting US chip and solar panel supply chains to compete with Beijing on artificial intelligence and energy.
The executive order signed by the president on Thursday evening said: “The plan of action in this proclamation will, among other things, help ensure the commercial viability of United States production of polysilicon and its derivatives that is necessary to meet United States economic and national security requirements.”
20 Comments
tunetardis@piefed.ca · 24 pts · 18d
RAM prices are just going to keep rising and rising, aren't they?
village604@adultswim.fan · 17 pts · 18d
By design, yes. They want you to subscribe to a virtual desktop instead of owning a computer.
raid_dad@lemmy.world · 7 pts · 18d
I would sooner stop using the internet entirely.
Akh@lemmy.world · 23 pts · 18d
Unenforceable
Bakkoda@lemmy.world · 20 pts · 18d
100% not the point. No company is gonna fight this when they can pass the cost on to the customer and then later get a refund. It's open season on consumers.
plateee@piefed.social · 8 pts · 18d
Don't forget, once the tariffs get removed the companies also
governmenttaxpayers.I should have gotten solar on my roof years ago. 😕
CharlesDarwin@lemmy.world · 1 pts · 17d
I feel the same way. I thought about trying to rush it through before subsidies were getting ripped away last year, but decided against it.
Now this asshole and his fuckery on all levels will probably ruin the market for years and years even after he's long gone. If anything, this stupid choad should have massively increased the federal subsidies for both wind and solar, to the degree where it's nearly free, but nooooo, that would make him and the conservatives that support him gay and/feminine, because petroleum is macho.
https://heated.world/p/proud-boys-and-petro-masculinity
Zahille7@lemmy.world · 2 pts · 18d
We'll see.
I mean they don't enforce laws that should, so why wouldn't they enforce things they shouldn't?
switcheroo@lemmy.world · 11 pts · 17d
Dumbass needs to learn a new word. Tariffs tariffs tariffs... Just shut the fuck up already. Or better yet just fuck off!
Argentina is ready for you and your gross spawn so why not leave now?
LodeMike@lemmy.today · 1 pts · 17d
Subsidies do the thing he actually wants to do. If you want to bring rare earth metal refinement to the U.S... Just do it!
Fishnoodle@lemmy.world · 11 pts · 18d
Yeah, but it was illegal last time he did it, so why wouldn't you just ignore him?
_chris@lemmy.world · 22 pts · 18d
Because now the big companies realize that they can charge the customer the price increase, and Trump will give the company a nice big check for that money in a couple months.
Kirp123@lemmy.world · 0 pts · 18d
Well they can't really ignore it since it's law. They have to sue. And since he's using a different justification for the tariffs this time they have to.
P00ptart@lemmy.world · 6 pts · 18d
It's not law though, as he doesn't have the power to do that.
Fishnoodle@lemmy.world · 1 pts · 12d
Exactly. He's just a stupid old pedo who spouts bullshit. You can absolutely ignore EO's.
They're just on the record 'asks' from the president, but they don't actually mean anything
Kirp123@lemmy.world · 1 pts · 18d
Aren't executive orders laws?
P00ptart@lemmy.world · 6 pts · 18d
No, EOs are just directives for government employees. Only Congress can make laws.
Edit: that being said, these dipshits in the Republican party think they are, and act like they are.
lemmyng@lemmy.world · 7 pts · 18d
So he wants to raise prices on imported solar panel materials to incentivize production of solar panels in Amerikkka, only to continue forcing oil and gas with the help of his oil barron buddies' lobbying, and cancel overseas production of renewable wind energy projects.
Are we great yet?
grimpy@lemmy.myserv.one · 3 pts · 18d
drill baby burn
kreskin@lemmy.world · 2 pts · 17d
As usual, Putin will be pleased.