Trump slaps 100% tariff on chip imports, discounts apples and selects firms: full story in 5 digits

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Trump slaps 100% tariff on chip imports, discounts apples and selects firms: full story in 5 digits

Trump slaps 100% tariff on chip imports, discounts apples and selects firms: full story in 5 digits

Donald Trump has announced 100 percent tariff on semiconductor imports, but companies like Apple will be exempted, provided they invest in American manufacturing and transfer parts of their production house.

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Trump slaps 100% tariff on chip imports, discounts apples and selects firms: full story in 5 digits
US President Donald Trump to slap 100% chip Tarrifs

In short

  • Apple, TSMC, Samsung exempted from 100% chip import tariffs
  • Apple pledges $ 100 billion more for American manufacturing expansion
  • Trump uses more tariffs on all electronics using chips

Trump’s tariff surprise has shaken the global technical industry, especially chipmakers and electronics manufacturers. 100 percent tariff of US President on imported semiconductors comes with a discount for heavy invested companies in American manufacturing, Apple is the most prominent example. What is going on in five major points here.

Trump announced a large -scale chip import tariff, with a turn

In a dramatic announcement from the Oval Office, Donald Trump said the US would impose 100 percent tariff on imported semiconductors. But not all companies will be affected. Filled by Apple CEO Tim Cook, Trump revealed that firms investing in domestic manufacturing like Apple would be spared. Trump said, “We are going to put a huge tariff on chips and semiconductors,” but the good news for companies like Apple is that if you are building in the United States, there will be no fee. ,

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Trump’s unexpected steps expressed concern in global supply chains, but reduced market concerns by offering discounts to firms transferred to production in the US.

Apple promises $ 100 billion for America

Apple has committed to spend another $ 100 billion on American manufacturing, which adds a pledge of $ 500 billion before. The new investment includes a fresh manufacturing program in partnership with companies such as Corning, Applied Materials and Texas Instruments.

For example, corning will dedicate an entire factory in Kentki for glass production of Apple, increasing its workforce in the state to 50 percent. This push is designed to move Apple’s production base to the US, although the major assembly, including iPhones, still occurs abroad.

Trump praised the move and said: “Apple is coming back to America.”

Other technical giants scrambled to secure exemption

Apple is not the only company to benefit. The Taiwan Semiconductor Manufacturing Company (TSMC), Samsung, and SK HYNIX have pledged all American investments and allegedly exempted from new tariffs.

TSMC is manufacturing new plants in Arizona, and Samsung Austin runs a feature in Texas, which will supply chips to Apple. The South Korean trade minister confirmed that Samsung and SK Hinix Chips would not face 100 percent tariffs, helping to calm fear in Asian technical markets.

NVidia and AMD, while part of the global supply chains, also indicated strong commitments for sourcing chips from within the US.

A looming threat: tariff on electronics using chips

Beyond the semi -circulars, Trump warned of additional tariffs on all electronics, which use chips, from smartphones and laptops to cars and home appliances. Those levy may be unveiled early next week.

This increases serious concerns for firms dependent on global supply chains. Most of the iPhones sold in the US, for example, have gathered in India, a country Trump has targeted with a separate 50 percent tariff. Vietnam, another apple production hub, has already been hit with 20 percent levy.

Big promises, uncertain future

Despite the large number of numbers and public vows, the most of the declared capital was earlier committed. It remains to be seen whether the promised localization may quickly be enough, or completely, to avoid looming tariffs.

Tim Cook has told Trump that complete iPhone production will not be “shifted” in the US for a while, although major parts are now domestic. Trump, however, appears materials with the current direction of Apple, called investment “anywhere unmatched in the world”.

With the expectation of more tariff announcements, the global technology industry is closely watching, and weighing whether American investment is now the cost of trade.

– Ends
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