Trump Proposes 100% Chip Tariff With Exemptions for US Investors

Former President Donald Trump is proposing a 100% tariff on imported computer chips, but with a significant exception: chips produced by companies that also manufacture in the U.S. would be exempt. This move appears aimed at incentivizing domestic production while penalizing foreign competitors, particularly China.

Editor’s Note: This story matters because it signals a potential escalation in U.S.-China trade tensions and could reshape global supply chains. If implemented, such tariffs could drive up costs for tech companies and consumers, while also pressuring chipmakers to shift production to the U.S.—a complex and costly transition. It’s a high-stakes gamble that could backfire or redefine manufacturing dynamics.

Former President Donald Trump proposed a 100% tariff on imported semiconductors but would waive it for companies like Apple that shift production back to the U.S. This came alongside an announcement of a new $100 billion investment plan by Apple, signaling a push to boost domestic manufacturing.

Editor’s Note: This story highlights the ongoing debate over U.S. trade and manufacturing policies. Trump's proposal aims to incentivize companies to bring production home, but it could also escalate trade tensions and raise costs for industries reliant on foreign chips. Apple's big investment suggests some companies may play along, but the broader impact on tech and global trade remains uncertain.

President Donald Trump met with Nvidia CEO Jensen Huang at the White House to discuss semiconductor trade policies, as the administration prepares to impose new tariffs on chip imports. The meeting highlights the growing focus on tech and trade tensions in the U.S.

Editor’s Note: This story matters because it signals potential shifts in U.S. trade policy affecting the tech industry, particularly semiconductors—a critical component in everything from smartphones to AI. New tariffs could raise costs for companies and consumers, so the meeting between Trump and Huang suggests high-stakes negotiations are underway.