Monday, August 14, 2023

China Now Sells Fewer Goods to the US Than Mexico or Canada Do - Bloomberg | Americans can't get a break thanks to surging mortgages, food and fuel costs. Here are all the ways consumers are getting screwed. | A feud is heating up between Arizona workers and the world's leading chipmaker after the company claimed the US doesn't have the skills to build its new factory

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A feud is heating up between Arizona workers and the world's leading chipmaker after the company claimed the US doesn't have the skills to build its new factory - Business Insider   

To get the construction of its Arizona chip factory back on track, Taiwan Semiconductor Manufacturing Company (TSMC) says it needs more workers with the expertise and skillsets that Americans don't have. Since June, the company has been in discussions with the US government about receiving accelerated non-immigrant E-2 visas for as many as 500 Taiwanese workers.

The Arizona Pipe Trades 469 Union, a labor union that says it represents over 4,000 pipefitters, plumbers, welders, and HVAC technicians, has started a petition to urge US lawmakers to deny these visas. The petition claims that TSMC has deliberately misrepresented the skillset of Arizona's workforce. By approving TSMC's visa requests, a union website says lawmakers would be laying the groundwork for "cheap labor" to replace American workers. 

The dispute marks the latest development in the US's race to build a presence in the semiconductor chip industry — something that's become a major priority as the world gets more reliant than ever on the devices that need chips to run. That means everything from smartphones to televisions to refrigerators and washing machines. And should the US ever enter into conflict with China — something that looks increasingly possible — it wants to be self-sufficient when it comes to making chips.

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