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.
So no tariffs if built in the us, but tariffs on the building materials coming in to build the chips since America imports these? Am I getting it right that there’ll be tariffs regardless? So why would a company build in the us then?
So no tariffs if built in the us, but tariffs on the building materials coming in to build the chips since America imports these? Am I getting it right that there’ll be tariffs regardless? So why would a company build in the us then?
I guess his thought process is that chip builder shops will just pop up everywhere because of America’s entrepreneurial spirit!