From PC Mag: President Trump still plans to tariff foreign-made semiconductors, despite TSMC’s pledge to invest $100 billion in three new US chip fabs.
At a White House event on Monday, Trump said “down the road” he’ll be revealing tariffs on both lumber and chips. “We’re going to get all those chip companies coming back. They’re already coming back without even doing it,” he said.
The president didn't elaborate, but his statement suggests it will be hard for the tech industry to avoid chip-focused tariffs, even as TSMC, Nvidia, and Apple are promising to spend hundreds of billions on chip and tech manufacturing in the country.
“I think we can easily see ourselves manufacturing several hundred billion of it here in the US,” Nvidia CEO Jensen Huang told The Financial Times last week.
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