> (...) Donald Trump (...) asked (...) to "get rid" of the (...) act. (...) However, as of October 2025 the Trump administration has instead preserved the Act, even adding an additional 10 percentage points to the advanced semiconductor manufacturing tax credit. (...)
Also in my opinion it's more about removing dependency than just job count (which is just nice to have side effect).
US/Trump doesn't want China to have any levers that control US economy, ie. they want situation where any China decisions that can be made to be immaterial to US economy.
If you look at it from this perspective then things like Greenland also do start to make sense as it is indeed long term investment into independency (minerals, rare earth elements). It's not about military presence, they already have it through NATO, it's more about setting up industry around resources – military advantages do exist as well of course but imho that's lower on the list, it just sells better to plebs.
https://en.wikipedia.org/wiki/CHIPS_and_Science_Act
Tariffs and this act are not mutually exclusive, they can be complementary and seems both are currently in place?