TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.
It Is Happening Every Day, Every Where
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.
With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.
The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.
The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.
President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”
Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.
Jake Sullivan, the national security adviser, said in an interview that “we’ve just stuck with our theory, which is managed competition.” Trump and Xi Jinping might have other plans.
The president-elect’s vow to impose 25 percent duties on Canadian imports could ravage Canada’s auto industry and decimate Windsor, a city deeply tied to the U.S.
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.