President Trump on Wednesday announced plans to slap 100% tariffs on imported computer chips—unless tech companies commit to manufacturing in the US—a move that.
President Trump on Wednesday announced plans to slap 100% tariffs on imported computer chips—unless tech companies commit to manufacturing in the US—a move that could reshape the global tech industry and send ripple effects through everything from smartphones to automobiles, the reports. The policy would exempt firms that commit to building and investing domestically, putting pressure on a tech sector that largely depends on Asian manufacturers for components vital to smartphones, vehicles, and appliances.
