President Donald Trump said Wednesday he plans to place a 100% tariff on computer chip imports, a move that could raise the prices Americans pay for computers, cars, appliances and other electronics.

The tariffs would not apply to computer chips made in the U.S., President Trump said, ostensibly making the move an attempt to increase domestic production of chips.

But the U.S.-based Semiconductor Industry Association, a trade group representing U.S. chip manufacturers, estimates that U.S. manufacturing accounts for only 12% of computer chips produced globally.

The U.S. International Trade Commission estimates the U.S. imported more than $591 billion in electronic products in 2023, the last year for which data is available. The category counts a wide range of goods, including computer

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