Comment on Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics

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floofloof@lemmy.ca ⁨3⁩ ⁨days⁩ ago

It’s a tax of 100% on chips being imported to the USA, having been manufactured elsewhere. The idea is that it should force companies to set up their own chip manufacturing in the USA. But that’s expensive and slow to do, and requires a lot of specialized engineering talent, so US-based electronics companies will somehow have to survive through years of paying twice as much for the chips they build into their products.

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