President Trump declared a 100% tariff on imported semiconductor chips, aiming to boost domestic manufacturing.
Companies already producing in the U.S. or committed to doing so, like Apple and TSMC—will be exempt.
Apple announced an additional $100 billion investment in U.S. facilities during the Oval Office event.
Trump warned: “If you say you’re building and don’t build, we’ll add it up and charge you later.”
The announcement is not yet formalized, leaving room for interpretation and global reaction.
Global Reactions:
South Korea secured favorable terms, Samsung and SK Hynix are not subject to the 100% tariff.
Taiwan’s TSMC, with U.S. factories, is also exempt, shielding clients like Nvidia.
Philippines and Malaysia expressed concern, fearing loss of U.S. market access and competitiveness.
Experts say “survival of the biggest” may define the new landscape, favoring cash-rich firms that can afford U.S. expansion.
The U.S. currently produces only 12% of global chips, down from 40% in 1990.
A $52.7 billion subsidy program launched in 2022 has already attracted major chipmakers to U.S. soil.
(source reuters.com)
–Agencies
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