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Donald Trump: “The CHIPS act is a horrible, horrible thing. We give…”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump Full Speech to Joint Session of Congress

Published | Video Starts at 43:14

97% of the market announced a $165 billion investment to build the most powerful chips on earth Earth right here in The CHIPS act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn't mean a thing. They take our money and they don't spend it. All that meant to them we're giving them no money. All that was important to them was they didn't want to pay the tariffs. (43:14–43:24)

CLAIM

Asserts that the CHIPS Act is ineffective and involves giving away hundreds of billions of dollars.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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