- Trump administration is imposing 100% tariffs on semiconductors
- However, TSMC seems to be exempt
- The news comes next to an Apple investment of $ 100 billion in manufacturing of the USA.
The presidency of Trump has been underlined by consistent but evolutionary tariffs on almost all commercial partners and industries, and has now imposed a tax on 100% of rates on semiconductors imported to the United States.
Tariffs will have an exception for companies that are built in the United States, or have promised to do so, PakGazette Reports, perhaps obvious given the president’s ambition to bring the manufacture and development of technology to his homeland.
As with many other Trump plans, these rates are not yet developed, and their parameters are not clear. However, what is clear is the continuous prioritization of US companies over commercial partners, despite the limited chip manufacturing capabilities of the United States.
Increasing investments
A key question is how TSMC will be affected, since the world’s largest chips manufacturer is based in Taiwan.
Since TSMC has factories in the United States, it is scheduled to receive an exemption from the rate, news that caused a 5% increase in the price of the company’s shares.
It is also said that Samsung and SK Hynix, two main South Korean companies, are exempt, and South Korea benefits favorable trade agreements between Washington and Seoul.
Apparently, apparently exempt is Apple, since the announcement of the rate comes along with the news that the technological giant will invest the a whopping $ 100 billion in the US market
This movement carries the total Promise of Apple to $ 600 billion after a previous commitment to invest $ 500 billion and hire 20,000 US workers in the next four years.
“Companies like Apple, are returning home. Everyone returns home,” President Trump told the press, confirming Apple’s plans to expand their supply chain and manufacturing capabilities.
“$ 600 billion, that is the largest that exists.” He continued: “The company is also presenting its ambitious new American manufacturing program that will give life to factories and assembly lines of our country.”
