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I understand the goal here, but why the hell would an overseas investor or nation, or even a domestic investor, build a chip plant in America?
Say you're mulling the idea, but you have a few problems. Trump's tariffs are going to tank the economy, and already are in some places. SEE: Nebraska. Any objective observer can see that Trump has a degenerative neurological condition, and almost certainly other serious health issues. So whether he dies, loses hard in the midterms or trashes the economy first, the tariffs will be repealed.
Want to be the one left holding the bag on you're shiny new chip plant? Constructing one in the United States is an objectively bad idea. I know jack about economics, and I ain't too bright to begin with, but even I can see this as a no go.
The tariffs might not be the best way to go about it, but is anyone denying that chip manufacturing is an increasingly important factor in geopolitical power? Why would whoever replaces Trump just let those businesses die?