Trump plans to impose up to 100% tariffs on foreign-made chips
President Donald Trump has stated that he plans to impose tariffs as high as 100% on semiconductors made outside the U.S. Trump previewed the plan Monday afternoon during a GOP event in his Doral, Florida, golf resort. He indicated that the new tariffs could also apply to certain other products including pharmaceuticals.
Trump says he’ll put tariffs on imported chips ‘in the near future’
Without going into detail about what might happen to the $52 billion in subsidies from the CHIPS Act under his administration, Donald Trump said tariffs on foreign computer chips, semiconductors, and pharmaceuticals are coming “in the near future.
Trump to impose 25% to 100% tariffs on Taiwan-made chips, impacting TSMC
U.S. President Donald Trump announced plans Monday night to impose massive tariffs on Taiwan-made chips in an attempt to incentivize companies to relocate production to the United States. On the one hand,
Trump says new tariffs on computer chips, semiconductors are coming soon
Though the United States is the global leader in designing chips, the vast majority of chip production happens overseas, particularly in U.S.-ally Taiwan.
Explainer-Trump Tariffs on Chips and Drugs Would Hit U.S. Allies in Asia
U.S. President Donald Trump plans to impose tariffs on imported computer chips, pharmaceuticals and steel, he said on Monday, to push companies to manufacture more in the United States. The comments mark the latest in a number of trade-related threats unleashed by Trump in recent days.
Trump To Tariff Chips Made In Taiwan, Targeting TSMC
The tariffs would ensnare cutting-edge smartphone and PC-related chips for Apple, AMD and Nvidia if enacted. But Trump is betting his plan will bring more chip production to the US.
Trump says he’ll put tariffs on computer chips, semiconductors, pharmaceuticals
Though the United States is the global leader in designing chips, the vast majority of chip production happens overseas.
CHIPS Act grant recipients wary about Trump funding freeze
Supporters of the CHIPS and Science Act, the $52 billion program designed to "reshore" the U.S. computer chip industry reacted warily to President Donald Trump's executive order freezing all federal ...
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TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang
TSMC has been promised $6.6 billion under the Biden-administration’s CHIPS and Science ACT to help build three cutting-edge ...
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CHIPS Act roundup: The final funding under Biden
In the final days of the Joe Biden presidency, the Department of Commerce’s CHIPS and Science Act came to preliminary funding for several new companies including Infinera, Coherent, Corning and ...
Biden's big semiconductor law will ramp up US chip production -- but at a high cost, report finds
A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. semiconductor manufacturing and reduce reliance on ...
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Donald Trump and his backers were hardly fans of the Biden administration's CHIPS and Science Act during the election ...
Wolfspeed raises $200M as it pursues critical CHIPS dollars
Days before the Trump administration lands in the White House, Durham semiconductor manufacturer Wolfspeed has checked a ...
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Trump plans “100 percent tax” on foreign semiconductors to incentivize US manufacturing
President Trump has announced plans to impose tariffs on computer chips, semiconductors, and pharmaceuticals from Taiwan. In ...