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.
My dude, the chips aren’t manufactured in the US. If the tariffs don’t apply to the chips that are inherently imported from outside the US since basically only TSMC and Samsung make them at this point, then there is no tariff at all. Companies in the US import the chips, then use the imported chips as part of their products. All the companies in the US do is assemble the imported parts (and sometimes not even that).
EDIT: Ah, there was a miscommunication. I think we’re both saying the same thing at this point. Well, mostly the same, since this doesn’t really help US companies and just drives up prices for everything.
My dude, the chips aren’t manufactured in the US. If the tariffs don’t apply to the chips that are inherently imported from outside the US since basically only TSMC and Samsung make them at this point, then there is no tariff at all. Companies in the US import the chips, then use the imported chips as part of their products. All the companies in the US do is assemble the imported parts (and sometimes not even that).
EDIT: Ah, there was a miscommunication. I think we’re both saying the same thing at this point. Well, mostly the same, since this doesn’t really help US companies and just drives up prices for everything.