White House on possibilty of chips based tariffs on foreign electronics: America cannot rely on…
The Trump administration is reportedly planning tariffs on foreign electronic devices, calculated by chip content, to pressure companies into US manufacturing. White House spokesperson Kush Desai defended the move for national security. These proposed tariffs, potentially 25% on chip parts, could significantly raise consumer electronics prices, exacerbating current inflation.
The Trump administration is reportedly planning tariffs on foreign electronic devices, calculated by chip content, to pressure companies into US manufacturing. White House spokesperson Kush Desai defended the move for national security. These proposed tariffs, potentially 25% on chip parts, could significantly raise consumer electronics prices, exacerbating current inflation.
