Trump’s New Tariff Proposal Aims to Boost Domestic Microchip Production Amid National Security Concerns
President Donald Trump has announced a proposal for a “roughly 100%” tariff on imported semiconductors. This tariff would not apply to companies that agree to manufacture their microchips within the United States. The announcement was made during an Oval Office event with Apple CEO Tim Cook, where Apple also revealed a new $100 billion investment commitment in U.S. manufacturing.
The United States has long relied on foreign-made semiconductors, particularly from Taiwan, which dominates the market for the most advanced chips.
This reliance has raised concerns among lawmakers and national security experts about potential vulnerabilities, as semiconductors are critical components in a wi