But Trump told a White House press pool on Thursday that tariffs on semiconductors will be imposed very soon.
Global economic uncertainty probably hurts the business case for financing Chipotle burritos through zero-interest, unsecured loans.
Such a tariff will either hurt Nvidias margins or make its GPUs more expensive for buyers in America.
Products made domestically will still surely be more expensive than alternatives made abroad.
Labor in the United States is expensive, and worker protections and regulations add to that burden.
America has long been a service economy; people in the U.S. do not want to do hard labor.
Amazon has continued to invest heavily in automating its factories.
And this is at a time when China is racing ahead in fields like AI and automotive.
Tariff differences similarly could be ameliorated without creating enemies.
All countries support their domestic industries to some extent, such as by subsidizing agriculture.
Some middle ground could theoretically be achieved.
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