Trump's Huge New Tariffs Spell Trouble for the AI Industry

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Long a part of Trump's bid to get back into the White House, raising tariffs on Canada, China, and Mexico is now a cornerstone of the real estate mogul's bold and short-sighted economic vision that says he'llthat it's "building the largest production facility on the planet" with the Chinese electronics firm Foxconn in Guadalajara, Mexico.

Earlier this year, Nvidia supplier SK Hynix announced that it plans to invest $4 billion into building a packaging plant in rural Indiana. The Taiwan Semiconductor Manufacturing Company , meanwhile, already has a With so much in flux during Trump's second presidential transition, it's too soon to say for sure how these proposed tariffs will hit come January 20 — and if he'll still go through with them once his business backers realize how much they'll

 

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