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Trump calls the end of the chips act in clutter to Congress

President Donald Trump Tuesday named in the repeat for the ACC for their snipings that build manufacturing in the United States investment is required for grip update update update.

“Your ACT Chips is a horrible, horrible thing. We have a billions of dollars,” I don’t have to go to the actual chips, and what has been left, Mr Dawn, should I use to reduce debt. Or any other reason you want. “

Trump previously criticizing chips act in the election, saying “Joe Rogan” Podcast “Podcast in October is so bad.” President Criticy sends billions of dollars to “rich companies” and suggested fees imposed on foreign chips would be a better way to move the exhaust to the US

Chip Giant TSMC to invest $ 100 to US manufacture

Donald Trump President is addressing the Congress

The President Donald Trump called Congress to repeat the act of chips during their address to Congress. (Win McCle / pool / AFP via Getty images / Getty images)

HOUSE TRANSON MIKE Johnson, R-la la. Said the picture the November “probably will” have “he said his comments that didn’t tell you in reelepal” agenda.

The lege passed the congress of the law and was signed in law after President Joe Biden in 2022

Future of Chips ACT below Trump Admin in question

Biden to the inquire of Intel

After chairman Joe Biden this violet a table, beside the intelligers while healing the inteltillo ol, the March 20, 2024. (Broadwowskowski / AFP via Getty pictures / Getty Images)

Chips act provided a total of $ 53 billion Federal incentives intended to export the fabrical manufacturerly toothless manufacturer and also research and development for advanced chips.

Of that total, 39 billion has been muted by a program administered by the Commerce Department that provides financial assistance for the companies new buildings or expansion semiconductor facility.

According to the National Program Office in Department of Department Department of Department Department, more than $ 36 billion in CLEST TENDING ATTENTION

Trump says he will introduce 25% fees on Autos, Pharmaceutics and Chips

Intel Arizona's cans

I get an American flag at the Intel Ocotillo campus in Chandler, Arizona, March 20, 2024. (Cassientury Naza / Bloomberg via Getty Images / Getty Images)

Aside of the reasons of Activities of Activities, 2024 Semicondials observed that at August 202 years there was alasgixy in private investments in domestic facility.

TSMC, who produces a large portion of the most advanced chips, received a prize of up to $ 6.6 billion by the act of chips for their semiconductor Fabrer stachs in Arizona. I am

Also she also announced $ 65 billion to expand their arizona installation before the week of $ 100 billion and a footage search in the search area.

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Trump announced the past month you plan to impose fees on semiconductor import This would be “25% or higher” and raised on the course, even if he has not indicated when he had announced those fees and provided no other details.

Business FOX ‘Creck Dumas Contributed to this report.


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2025-03-05 23:40:00

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