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Trump to tariff chips made in Taiwan, targeting TSMC (www.pcmag.com)
submitted 2 years ago by schizoidman@lemm.ee to c/technology@lemmy.world
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cross-posted from: https://lemm.ee/post/53880308

Summary

Trump plans to impose tariffs of up to 100% on semiconductors manufactured in Taiwan, aiming to push U.S. tech companies like Apple, Nvidia, and AMD to produce chips domestically.

The tariffs target Taiwan's TSMC, a key supplier, despite its partial U.S. production in Arizona.

Trump criticized Biden’s CHIPS Act for funding companies like Intel and proposed tariffs as an alternative incentive.

Experts warn the move could raise prices for electronics as most TSMC chips are assembled in Asia before export to the U.S.

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[-] Treczoks@lemmy.world 34 points 2 years ago

This is probably one of the biggest economic shot in the foot ever. Let's wait what his billionaire owners will order him to do to fix that.

this post was submitted on 28 Jan 2025
152 points (95.8% liked)

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