Trump to put 100% tariff on computers chips(sfchronicle.com)
sfchronicle.com
Trump to put 100% tariff on computers chips
https://www.sfchronicle.com/business/article/alert-trump-says-he-plans-to-put-a-100-tariff-20805710.php
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> Edit: seems like there are no tariffs if you commit to manufacturing in the US
I'm confused. The chips manufactured in the US are not tarriffed (which seems obvious), or like, if you make some screen glass domestically you can import your foreign chips exempt from tarrifs?
I'm confused. The chips manufactured in the US are not tarriffed (which seems obvious), or like, if you make some screen glass domestically you can import your foreign chips exempt from tarrifs?
The latter. This is not a serious administration.
If ever there was a time to chicken out, this is that time. This would outright crash the tech economy. This would suggest a price increase of 50% on the already eye-watering Nvidia pricing and nearly that on smartphones. It is difficult not to take this as a shameless attempt to manipulate either the corporations or the stock market or both.
Does he not know everything’s computer?
Yikes.
Edit: seems like there are no tariffs if you commit to manufacturing in the US, hence Apple’s announcement about a Corning Glass plant for iDevice screen glass in Kentucky today ;)
Samsung and TSMC will be exempt, Apple’s glass plant will exempt them, Intel is obv exempt, I’m pretty sure global foundries and TI are as well.
That doesn’t leave a whole lot of players left to tariff. Seagate has US production and is currently expanding it, at least in Bloomington, MN; does Micron manufacture in the US? Do medical device makers like Boston Scientific and Medtronic make their own semiconductors?