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That's funny, I heard from my cousin that Fox News was saying that the White House claimed that tariffs and trade wars were to push companies to restore American manufacturing. But if that were true, why would they want to kill incentives aimed to spark renewed American manufacturing?
Not a fan of Trump at all, but one could argue that chips was a carrot and tariffs are a stick and you might not need the carrot if the stick is gonna work, so putting the carrot to use elsewhere makes sense. Don't get me wrong, I don't think anything he does is to benefit Americans or our infrastructure/economy, but there is a world where that makes sense.
Yeah, people love being offered a carrot and then having it yanked to be beaten with a stick. Those people definitely won't hold a grudge and go elsewhere. 🙄
I am not defending his actions, just legitimately providing a reason that might be done in some cases. I think it's important people think through the consequences of actions regardless of the admin and that seemed like a pretty clear outcome in some cases that was being overlooked.
For what it's worth, companies can hold grudges, but money is money, and if the stick hurts enough they will generally capitulate because money is generally more important then the ego of whoever is in charge that feels temporarily slighted. Look at the way CEOs/businesses (even from perceived "left leaning" companies) capitulated and donated to his campaign or changed policies overnight. Yes, there are Elon musks of the world, but most CEOs are just looking to increase profits and move on. Few take business personally. There's a whole idiom about that.