U.S. considers fresh round of tariffs on semiconductors, report says

Aren't we out of feet to shoot ourselves in?

The glaringly obvious answer to stop the looting of American industry over the past thirty years would have been to use our asset of having the world reserve currency to directly subsidize strategic industries. But that was denied from being in the Overton window, as it would have hurt line-go-up from fake austerity where monetary inflation was instead given away to banks as low interest loans (ie the asset bubble). And after the political will finally built up that "something had to be done", we merely get this dipshit con artist regime squandering what remaining strengths we have left, marketing their morally bankrupt destruction in narratives that beatings will continue until the market improves. But the market is clearly not going to improve from these actions - the sticky value center is manufacturing things using semiconductors, and tariffs on the inputs make it even harder to start domestic businesses!