U.S. businesses and global tech firms are scrambling to decode former President Donald Trump’s proposed 100% tariffs on semiconductors not made in America—a move that’s sending shockwaves through supply chains and stock markets alike. 🌐⚡
"We’re stuck in limbo," said Limor Fried, founder of New York-based Adafruit Industries, highlighting the uncertainty for smaller producers. Many of their chips come from the Philippines and China’s Taiwan region, leaving costs in flux until tariffs hit. 💸🔌
While giants like Intel and TSMC (which is building U.S. factories) saw stock boosts, smaller European and Asian chipmakers fear collateral damage. German auto supplier Infineon Technologies admitted it’s "unable to speculate" without official details. 🚗🤖
Trump’s Oval Office remark—"build here, pay nothing"—hints at a pro-U.S. manufacturing push. But critics warn the plan could backfire, disrupting everything from smartphones to washing machines. 📱💥
For now, the tech world watches and waits. As Fried put it: "We adjust pricing after we get the bill." 📅🔍
