President Donald Trump says he's imposing a 100% tariff on computer chips— a move that raises the specter of higher prices for electronics, autos, household appliances and other essential goods that depend on the processors.
Right, but a microchip is quite a different beast than raw steel. Nobody is going to buy a muffler to melt down to produce something else, but they might buy a PC to scavenge for parts. It’s relatively easy to pull a chip off a board, whereas reforming steel is a lot more intensive.
Right, but a microchip is quite a different beast than raw steel. Nobody is going to buy a muffler to melt down to produce something else, but they might buy a PC to scavenge for parts. It’s relatively easy to pull a chip off a board, whereas reforming steel is a lot more intensive.