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.
So if I buy a smart toaster from overseas and that toaster was built with microchips, but is then sold to the US via another country… That would avoid the tariff, no?
Doesn’t this literally do the inverse of boosting local manufacturing?
The real question you did not ask is if this toaster is smarter than Trump.Yes it is.