Trump teases 25 percent semiconductor tariffs
Briefly

President Trump has suggested imposing substantial tariffs on imported semiconductors, potentially starting at 25% and increasing over time. This strategy aims to incentivize companies to establish manufacturing plants within the United States, as imports would incur tariffs while domestic production would be exempt. There is uncertainty on whether these tariffs apply solely to semiconductors or also to pharmaceuticals. The lack of U.S. manufacturing capabilities for advanced chips could lead to significant price hikes for consumers, as illustrated by Acer's plans to raise laptop prices due to current tariffs. The future of several semiconductor fab projects in the U.S. may also be impacted by these potential changes in tariff policy.
"It will be 25 percent and higher, and it will go very substantially higher over the course of a year."
"When they come into the United States and they have their plant or factory here, there is no tariff. So we want to give a little bit of a chance."
"It's unclear if Trump's remarks applied to pharmaceuticals, or semiconductors, or both."
"If that happens, it could impact the many semiconductor fab builds currently under way in the USA."
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