Opinionated summary:
- Despite Republican assurances, Trump called the CHIPS Act “horrible” and pushed for its scrapping, creating chaos for an industry already struggling with uncertainty.
- The Trump administration has already sabotaged the program by laying off key staff and considering changes to the projects, showing its disdain for U.S. industrial growth.
- Industry leaders, who have already committed billions to U.S. chip production, are now left in limbo, thanks to Trump’s shortsighted, destructive rhetoric.
from the article, it sounds like he is… It’s carrot/stick… Oh you already introduced a carrot when I was out of office… but, I wanted to use sticks, Kill the carrot, more stick!
(tarrifs being the stick).