Trump's planned 100% computer chip tariff sparks confusion among businesses and trading partners

President Donald Trump's ambiguous plans for 100% tariffs on non-U.S. computer chips is causing confusion among businesses and trading partners. The announcement, made Wednesday, has boosted stocks for major semiconductor companies but left smaller producers scrambling. The U.S. imports few chips because most are already part of assembled products like iPhones and cars. Trump stated companies building in the U.S. would be exempt from the import tax. This news is seen as positive for U.S. firms and large Asian chipmakers building U.S. factories. However, smaller European and Asian chipmakers face uncertainty, lacking the resources to invest in U.S. production.

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