>Onshoring manufacturing is something that has to be incentivized and that has positive externalities outside of dollars and cents.
That's what the CHIPS act did. Indeed, everyone talking about TSMC, Intel, etc -- that's all because of the CHIPS act.
Toddler tantrum tariffs, which in reality are a vehicle for massive level corruption (see how Vietnam got a "deal" by approving a Trump resort. Or how every business leader is stuck to Trump's anus lest they be targeted by his tyrant tantrums), are not an incentive. It has had the opposite effect, and new builds have basically dried up.
That's what the CHIPS act did. Indeed, everyone talking about TSMC, Intel, etc -- that's all because of the CHIPS act.
Toddler tantrum tariffs, which in reality are a vehicle for massive level corruption (see how Vietnam got a "deal" by approving a Trump resort. Or how every business leader is stuck to Trump's anus lest they be targeted by his tyrant tantrums), are not an incentive. It has had the opposite effect, and new builds have basically dried up.