president Donald Trump On Wednesday, he said that he would impose a 100% tariff on computer chips and that the ghost will increase higher prices for electronics, cars, household appliances and other essential products that depend on the processors that supply the digital age with electricity.
“We will give chips and semiconductors a tariff of about 100%” Apple CEO Tim Cook. “But if you build in the United States of America, there is no charges.”
The announcement was made more than three months later Trump temporarily frees Most electronics from the most stressful tariffs in his government.
The Republican President said that companies that make computer chips in the United States would make import tax spared. During the Covid-19 pandemicA lack of computer chips increased the car price and contributed to a higher inflation.
Investors seemed to interpret the potential tariff exceptions as positive for Apple and other important technology companies that have obliged enormous financial obligations to produce more chips and other components in the USA.
Big Tech has already received collective obligations to invest around 1.5 trillion dollars in the United States since Trump moved back into the White House in January. This number includes a promise of 600 billion US dollars from Apple after the iPhone manufacturer has its commitment through attack Another $ 100 billion On an earlier commitment in February.
Now the question is whether the deal mediated between Cook and Trump will be sufficient to isolate the millions of iPhones in China and India from the tariffs that the administration has already imposed, and reduce pressure on the company to increase the prices for the new models that are expected to be presented next month.
Wall Street certainly seems to think. After Apple’s share price increased by 5% in the regular trading sessions on Wednesday, the shares in extended trade rose by a further 3%.
The shares of the AI chipmaker NvidiaWhat has been received for the United States recently increased slightly in expanded trade to expand the market value of 1 trillion US dollar that the Silicon Valley company has achieved since Trump’s second administration began.
The stock price of the computer chip pioneer IntelWhat has fallen on difficult times also rose in extended trade.
Inquiries sent to Chip Makers Nvidia and Intel were not answered immediately. The main trade group of the chip industry, the Semiconductor Industry Association, refused to comment on Trump’s latest tariffs.
The demand for computer chips has increased worldwide, whereby sales in June rose by 19.6% in June, according to the World Semiconductor Trade Statistics.
Trump’s tariff threats mark a considerable break from the existing plans to revive computer chip production in the USA, which were created by the administration during the administration President Joe Biden.
Since Trump was taken over by Biden, he has used tariffs to motivate more domestic production. The president essentially relies on the threat of dramatically higher chip costs to force most companies to open factories in Germany, even though the risk of tariffs could increase company gains and the prices for mobile phones, televisions and refrigerators.
In contrast, non -partisanity Chips and Science Act This signed bidges in 2022 delivered more than 50 billion US dollars to support new computer chip systems, finance research and to train employees for the industry. The mix of financing support, tax credits and other financial incentives should attract private investments, a strategy that Trump has loudly rejected.
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Lieedtke reported from San Ramon, California.
