Commerce Secretary Howard Lutnick has warned Samsung and SK Hynix they could face 100% tariffs, framing it as a choice between paying a 100% tariff or building memory fabs in America...
Do tariff threats still matter? After being struck down, I thought the only new tariffs which could happen would have to be enacted by Congress? Or world that be a fun game where the new illegal tariffs would be on the books until the courts invalidate them again?
Commerce Secretary Howard Lutnick has warned Samsung and SK Hynix they could face 100% tariffs, framing it as a choice between paying a 100% tariff or building memory fabs in America...
Punishing instead of supporting.
Do tariff threats still matter? After being struck down, I thought the only new tariffs which could happen would have to be enacted by Congress? Or world that be a fun game where the new illegal tariffs would be on the books until the courts invalidate them again?
Who cares about America. American tech bros created the problem.
Also YMTC.