I can’t figure out if I should be investing in depressed stocks tomorrow or panic buying iPads. It’s going to be interesting to see what impact this has on the market.
>“We want them to come back... And we don’t want to give them billions of dollars like this ridiculous program that Biden has given everybody billions of dollars. They already have billions of dollars” Trump said before slamming the US’s CHIPS and Science Act, which his predecessor President Biden signed to invest over $52 billion in domestic chip manufacturing.
He really will just contradict himself in the same sentence if it means he takes full credit for something in the end. Nevermind that he gave out 500 billion to a bunch of trillionaire companies not even a week ago.
> Is Trump setting up Taiwan to become economically irrelevant and thinking to just let China take it over?
From another report:
> Jan 28 (Reuters) - U.S. President Donald Trump plans to impose tariffs on imported computer chips, pharmaceuticals and steel, he said on Monday, to push companies to manufacture more in the United States.
Luckily, people who run massive international corporations generally don't make decisions "out of spite" or they wouldn't have a massive international corporation in the first place. You play the game you're handed. What you're suggesting is like childishly flipping the table.
> Luckily, people who run massive international corporations generally don't make decisions "out of spite" or they wouldn't have a massive international corporation in the first place.
People who run the largest economy on the planet do make decisions out of spite, e.g., "Justice Department moves to fire at least 12 officials who investigated Trump":
