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A comment on Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips. Parent comment

Re:Senate passes bipartisan bill to subsidize U.S.-made semi... by acchow on Wednesday July 27, 2022 @03:57PM (#32255977)
> Tariffs on products we don't have immediate domestic manufacturing capacity for will hurt the economy in the short term

I suppose you could announce tariffs which will take place 5 years down the line? And ramp it up over time?

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Re:Senate passes bipartisan bill to subsidize U.S.-made semi... by judge2020 on Wednesday July 27, 2022 @04:03PM (#32256067)
Congress offloads imposing tariffs to the executive branch, so they'd need to take it back to do that. Otherwise, it's just a countdown for the industry to donate enough to the opposing political party's PACs to get them in office and repeal the looming tariffs.

ie. the current bill only passed because both political parties are fine with giving companies government money.

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