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

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artyom@piefed.social ⁨1⁩ ⁨day⁩ ago

Not correct. Once again, tariffs only affect imported goods. If you buy an iPhone built in China (assuming you import to the US) you're going to pay a tariff on the device.

If you buy a phone built in America, with Chinese processors, you only pay tariff on the processor.

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