President Donald Trump announced a 100 percent tariff on foreign-made semiconductors but exempted companies with existing investments in the United States. Firms like TSMC in Taiwan, which have a significant presence in the US, will not be impacted. South Korean companies, such as Samsung and SK Hynix, also benefit from this exemption due to their investments in US facilities. However, details regarding the tariff's implementation and timeline remain unclear, prompting responses from Asian semiconductor manufacturers concerned about potential impacts.
President Donald Trump announced a 100 percent tariff on foreign-made semiconductors, stating that companies investing in US facilities would be exempt from this tariff.
Taiwan's National Development Council indicated that TSMC would be exempt from the tariff due to its established investments in the United States.
South Korea reassured that Samsung and SK Hynix, which have invested in US facilities, would also not be affected by the new semiconductor tariff.
Trump did not specify the details or timeline of the tariff's implementation, leaving many in the Asian semiconductor industry awaiting further clarity.
#tariff-policy #semiconductors #us-china-trade #investment-exemptions #global-semiconductor-industry
Collection
[
|
...
]