The US chip tariff figure could scale up to as high as 300%, as President Trump wants to ensure that America builds its domestic semiconductor supply chain.
The Trump Administration Is Looking to Impose Hefty Chip Tariffs, Once Section 232 Investigation Completes
Well, it seems like the Trump administration could impose hefty chip tariffs under Section 232, and the figure might reach 300%, which is three times higher than what was proposed before . The US government has been inconsistent regarding tariff figures, but for the chip industry in particular, President Trump has taken this matter seriously, which is why hefty chip tariffs aren't out of the equation. Here's what he had to say on the tariff figure, while sitting in Air Force One:
I’ll be setting tariffs next week and the we