The climate of uncertainty under Trump inhibits long-term investment, whether in chip fabs, car factories, or anything else. He has reminded us all of something that's really always been a problem: whatever one Congress or one POTUS supports can be undone by the next.
Usually opposing parties have had the common sense not to immediately hit the undo button once they take office. E.g., Biden leaving most of Trump's previous nutty tariffs in place. But "common sense" isn't on the agenda these days. We are, to all intents and purposes, under attack from within.
Usually opposing parties have had the common sense not to immediately hit the undo button once they take office. E.g., Biden leaving most of Trump's previous nutty tariffs in place. But "common sense" isn't on the agenda these days. We are, to all intents and purposes, under attack from within.