Mastodon
Trump Proposes 100% Tariffs on Semiconductors: What You Need to Know 🚨💻

Trump Proposes 100% Tariffs on Semiconductors: What You Need to Know 🚨💻

Former U.S. President Donald Trump announced plans to slap a 100% tariff on semiconductor imports from countries not manufacturing in America—a move that could send shockwaves through global tech supply chains. 🌍🔌 Speaking in the Oval Office, Trump framed the policy as a bid to boost domestic production: "If you’re building here, no tariff. If you’re not? Pay up."

The proposal targets chips made abroad unless companies commit to U.S.-based factories. While specifics remain unclear, the plan echoes Trump’s earlier trade-war playbook. 💥 Remember the 2022 $52.7-billion U.S. semiconductor subsidy program? Under Biden, major chipmakers pledged to build stateside—but global production share has plummeted from 40% in 1990 to just 12% today.

Analysts warn this could hike prices for everything from smartphones to EVs. 🚗📱 "It’s a high-stakes gamble," says one tech insider. "Companies might rush to build U.S. plants… or pass costs to consumers."

With Trump vowing to enforce retroactive tariffs if firms break promises, the tech world is bracing for impact. Will this spark a manufacturing boom—or a global trade standoff? 🤔⚡

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top