this post was submitted on 28 Jan 2025
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149
Trump to tariff chips made in Taiwan, targeting TSMC (www.pcmag.com)
submitted 3 days ago by schizoidman@lemm.ee to c/technology@lemmy.world
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cross-posted from: https://lemm.ee/post/53880308

Summary

Trump plans to impose tariffs of up to 100% on semiconductors manufactured in Taiwan, aiming to push U.S. tech companies like Apple, Nvidia, and AMD to produce chips domestically.

The tariffs target Taiwan's TSMC, a key supplier, despite its partial U.S. production in Arizona.

Trump criticized Biden’s CHIPS Act for funding companies like Intel and proposed tariffs as an alternative incentive.

Experts warn the move could raise prices for electronics as most TSMC chips are assembled in Asia before export to the U.S.

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[–] TomMasz@lemmy.world 5 points 3 days ago

He seems to think that doing this will force manufacturers to build in the US, versus the Biden approach of incentivizing them to do that. What he doesn't realize this will do is raise chips prices and manufacturers will simply pass that cost onto consumers.