Well, howdy there, Internet people, it's Bell again.

So today, we're going to talk about Trump's semiconductor tariffs and the reshoring fantasy.

If you remember, back in August, Trump laid out his plan to bring jobs and semiconductor

production back to America

by using tariffs.

His exact words in the Oval Office were, quote,

We're going to be putting a very large tariff on chips and semiconductors.

But the good news for companies like Apple is if you're building in the United States or have

committed to build, without question committed to build in the United States, there will be no charge.

So in other words, we'll be putting a tariff on of approximately 100% on chips and semiconductors.

But if you're building in the United States of America, there's no charge.

That's super clear, right?

It's honestly one of the most clear economic policies Trump has ever outlined.

Clear numbers, clear targets, clear goals, 100% tariff or

billed in the U.S. So what happened when this promise intersected with reality? It collapsed

faster than Kennedy Center ratings. The administration filed the plan recently.

Quote, appropriate responsive action includes taking tariff action now on semiconductors from China,

with an initial tariff level of 0%, increasing in 18 months on June 23, 27, to a rate to be announced no fewer than 30 days

prior to that date.

That's right.

0% tariffs until 2027.

And that eventual rate is to be determined later.

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