US President Donald Trump has announced plans to impose 100% tariffs on foreign-made semiconductors, a move that could impact the global tech industry and consumer electronics prices.
Semiconductors are tiny chips that power various devices, including smartphones, laptops, video game consoles, pacemakers, and solar panels. They enable electronic switches by partially conducting electricity, making them essential for computing.
The US relies heavily on Taiwan’s semiconductor producers, with Taiwan Semiconductor Manufacturing Company (TSMC) providing over half of the world’s supply. Trump’s threat is seen as an attempt to encourage domestic production and reduce reliance on foreign components.
However, experts warn that the tariffs could lead to delays and price rises for consumer electronics. Some major tech companies, including Apple, may be exempt from the tariffs due to their investments in US manufacturing.
The US government has spent billions of dollars to boost domestic technology manufacturing, with some companies, like TSMC, already expanding their US presence. However, production challenges remain, including a shortage of skilled workers.
The impact of Trump’s tariff plan is still unclear, but it highlights the growing importance of semiconductors in modern technology and the global economy.
Source: https://www.bbc.com/news/articles/cly3r664q1eo