Trump’s Minister of Commerce Minister Selects more industrial policy for successful chip manufacturers.

The campaign trails and some of the closest allies of Donald Trump and his closest allies have criticized their efforts to pursue semiconductor manufacturing in the United States with expensive industrial policies.

But on Wednesday, Trump, CEO Howard Lutnick, caused by the next minister, promised to re -evaluate how the dollar spends, informed of his support for continuing and expanding the efforts of the Viden era.

“It is very important to the United States that we bring semiconductor manufacturing to the United States.” Sayed In response to the members of the Senate Committee and the Wednesday Confirmation hearing, the Senate and Senators and Senators. “Chips ACT was a great down payment to start the process.”

Separately, Lutnick in response to the Senate Maria Cantwell promise “examine [CHIPS Act subsidies] And do it right. “

The Chips and Science Act was passed by Congress in August 2022, and the BIDEN administration was approved to distribute $ 53 billion to promote semiconductor manufacturing. Most of the money has not yet been spent, and the Trump administration has given me a lot of room for how it is handled.

In the campaign trail, Trump often criticized chip spending. Trump in an interview with PODCASTER Joe Rogan in October Sayed “Chip trading is so bad.”

Trump Sayed at that time.

Of course, Trump’s criticism of chip spending does not root in any kind of principle free market. He also devoted himself to industrial policy to promote US technology manufacturing, but Trump’s preferred solutions (almost always always have Wolfs tariffs. “You are so high that they will come and build a chip company.” Sayed Logan.

Earlier this week Trump was threatened. We impose new tariffs in TaiwanThe source of many semiconductors used in the United States clearly attempts to attract domestic technology.

Lutnik’s opinion on Wednesday is his view. I started talking Clear necessity for chip ACT 2.0 last year. (Lutnick? He expressed his support At a hearing where Trump wants to impose high tariffs on almost all income.)

Both perspectives ignore the reality of modern semiconductor supply chains that are “complex, integrated and not easy to solve” like Peterson International Economics Institute. Explain. It also ignores the fact that tariffs and industrial subsidies are wasteful and inefficient.

Nevertheless, we are heading towards the scenario deployed by the Trump administration to pursue BIDEN’s goal that 20 %of the world’s semiconductors produce stateside. It can be similar to the Biden administration’s decision to leave Trump’s tariffs after campaigns in the campaign trail.

Nowadays, all of the Washington’s partisan rancor seems to agree that taxpayers and consumers have to pay for a policy that benefits the great success of a high -demand computer chip.

The United States does not need “review” of “correct” chip. Opposition to sectary support for industrial policy is needed.