In the first week of his presidency, Donald Trump forced the processors to return to silicon manufacturing, making it more expensive, which has been repeated. Is he finally going through the project? Trump has just announced that he will put 100 % tariffs on chips and semiconductors – unless your company kisses the ring as Apple CEO Tim Cook has done so.
We are putting a huge tariff on chips and semiconductions, but the good news for companies like Apple is that if you are building in the United States or pledging to build a question in the United States without any question, it will not be compensated.
And, it is possible that other companies are already present, or easily, to meet Trump’s bar. Trump personally and online told the audience that even a Commitment Investing in US manufacturing can be enough to avoid tariffs. He said, “(if you are building in the United States, there is no compensation, though you are not ready yet and are not yet producing.
Our copy of Trump’s full remarks on this topic is here:
We will raise about 100 % on chips and semiconductions. But if you are building in the United States, there is no compensation, though you are building and not yet ready, in terms of a large number of jobs and all the things you are making. If you are building, 100 % tariffs will be paid to all the chips and semi -conductors coming to the United States, but if you have pledged to build or you are in the process of building, no matter how many tariffs, is okay? If for some reason you say that you are building and you do not build, we go back and add it, it is collected and we charge you on the later date. You have to pay, and this is a guarantee. “
It’s hard to think which companies have a new chip tariff Will Apply it, because most of the big chip makers already have at least a little less than US manufacturing. Taiwan’s TSMC, which accounts for the majority of the most well -known chips, and consequently attracts Trump’s air, announcing the Billion 100 billion US investment back in March.
Or, perhaps, are Trump threatening revenue on product makers who use chips instead of chips makers? Apple is not a chip maker at all, finally. It designs its chips but relies on companies like TSMC to make them really.
In July, AMD CEO Lisa SU revealed that TSMC’s US -made chips would cost 5 to 20 percent from overseas.
