Comment on Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics
artyom@piefed.social 3 weeks agoIsn't that in agreement with OP?
No, OP said it only applied to US products. It's applied to all imported products. That's what a tariff is.
can@sh.itjust.works 3 weeks ago
So any product containing chips will have a 100% tariff applied?
sugar_in_your_tea@sh.itjust.works 3 weeks ago
It’ll probably be 100% tariff for the chip, and whatever the rate is for that country on the rest of the product. That’s assuming they go into that much detail, because if they don’t, it would be easy to dodge.
Zerlyna@lemmy.world 3 weeks ago
I import exhaust parts made from steel. They are tarriffs as exhaust parts. Raw steel has its own import HTS code.
sugar_in_your_tea@sh.itjust.works 3 weeks ago
Right, but a microchip is quite a different beast than raw steel. Nobody is going to buy a muffler to melt down to produce something else, but they might buy a PC to scavenge for parts. It’s relatively easy to pull a chip off a board, whereas reforming steel is a lot more intensive.
artyom@piefed.social 3 weeks ago
Yes, and since those products are only imported, it won't affect US products, like I said.