Trump declares 100% computer chip tariff unless firms build in the US
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Euronews.com
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President Trump announced a 100% tariff on computer chips, exempting companies that build in the US. This move could raise prices for tech products and pressure US firms reliant on Asian chips. Apple CEO Tim Cook pledged $100 billion for domestic manufacturing, adding to previous commitments. The tariff threatens to impact iPhone production costs and comes as demand for chips rises globally. Trump's approach contrasts with Biden's CHIPS Act, which aimed to support chip production through funding and incentives. Teljes cikk (Euronews.com)