US to tariff imported chips, exempting domestic producers

rte.ie

The US plans a 100% tariff on imported semiconductors, exempting companies manufacturing or committing to manufacture in the US. This policy aims to boost domestic production, with companies like Apple benefiting from exemptions if they invest in US facilities. The announcement follows other tariff increases on various goods. The move has drawn mixed reactions globally, with some countries concerned about economic impact while others with US manufacturing presence anticipate being unaffected.


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