Supply Chains
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Trump Floats 100% Tariffs on Chips and Semiconductors, Exemption for US-Based Manufacturing
Former President Trump intends to impose tariffs of approximately 100% on imported chips and semiconductors, but would waive them for companies that manufacture in the U.S., incentivizing domestic production. Tariffs could also be levied on products containing semiconductor chips. This policy aims to reshape supply chains and bolster U.S. self-reliance in critical technology. Apple, with its existing U.S. investments and manufacturing initiatives, appears strategically positioned amidst these potential changes, potentially employing 20,000 more in the US.
