According to his comments on Wednesday, President Trump’s prices on foreign chips will reach 100 %.
“We will raise about 100 % on chips and semiconductions,” Trump said in the Oval Office. “But if you are building in the United States, there is no compensation.”
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Trump mentioned the tariff rate after announcing a $ 100 billion investment from Apple to develop more manufacturing in the United States. In February, Apple promised to invest $ 500 billion to create new manufacturing jobs in the country over the next four years. CEO Tim Cook said in a statement that it now has an expansion of $ 600 billion, which “includes new and expanded work with 10 companies across the United States.”
The 100 tear tariff rate will be amazing, and the risks of increasing costs for tech companies and consumers, depending on how duties are implemented. This is also significantly higher than the 25 % rate, which Trump initially started in February.
In his remarks, Trump indicated that the technician industry is essential to pressure to build a domestic product, when Asia has most electronics manufacturing in the world. He reiterated today, “100 tear tariffs on all chips and semiconductions that are coming to the United States. But if you have pledged to build many of you, in the process of building or building, there is no tariff.”
Big shopkeepers, including Apple, AMD, N Vidia, Qualcomm, and even Intel Source chips, from TSMC, who produce most of its processors in Taiwan. But on Wednesday, Trump said: “Companies like Apple, they are coming home. They are all coming home.”
Apple’s billion has reduced the construction of an iPhone in the United States in an investment of 600 billion, the purpose that Trump has previously mentioned. But in this announcement, Apple said it was in partnership with corning to create the world’s largest smartphone glass production line in Kentucky.
Apple added, “Expansion means that soon, every iPhone and Apple Watch Kentucky -made core glass sold worldwide will be built with glass.” “Both companies will also open a new Innovation Center for Apple Corning in Kentucky.”
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When reporters were asked about bringing an iPhone manufacturing to the United States, Coke said that “a ton” was made in the United States. He confessed, however, “The final assembly … would be somewhere else for a while.”
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Meanwhile, TSMC has planned to build six fibers in Arizona, though the company has warned the Trump administration that revenue can remove its investment.
On Monday, Trump told CNBC that his chip -based revenue could reach next week. In the past, the White House has also indicated that semiconductor prices will include numerous electronics, including computers, including foreign -made processors.
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