President Trump hasn’t forgotten about tariffing foreign chips.
In an interview with CNBC, Trump indicated he’ll introduce tariffs on semiconductors as soon as next week, alongside other duties targeting imports, such as pharmaceuticals.
"We're going to be announcing [tariffs] on semiconductor and chips, which is a separate category because we want them made in the United States," Trump stated.
The president didn't provide details or say if any exemptions will be granted. But the policy will no doubt raise concerns about increased costs for PC processors and a wide variety of electronics that use foreign-made chips.
Currently, Apple, AMD, Qualcomm, Nvidia, and even Intel source at least some chip production from Taiwan's TSMC.
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