Trump’s Call to Scrap ‘Horrible’ Chip Program Spreads Panic

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Trump’s Call to Scrap ‘Horrible’ Chip Program Spreads Panic

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xyzzy@lemm.ee to

politics @lemmy.world · 2 days ago

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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.

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Voroxpete@sh.itjust.works
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1 day ago
You’re absolutely correct, and it’s important to point this out because people need to understand that Trump is not behaving in ways that are unusual for Republicans. He’s just an extreme manifestation of the mindset they all share.

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