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US to impose 100% tax on imported chips and semiconductors

America Russia DNUM_AHZAIZCACF 13:50

US President Donald Trump said the country will impose a 100% tax on imported chips and semiconductors.

mỹ áp 100% thuế với chip bán dẫn
Semiconductor chips are seen on a computer circuit board. Photo: Reuters

According to Reuters, US President Donald Trump said that the US will impose a 100% tax on semiconductor chips imported from countries that do not produce in the US or plan to produce them.

Speaking to reporters in the Oval Office on August 6 (Washington time), President Trump said the new tariffs would apply to "all chips and semiconductors imported into the United States," but would not apply to companies that have committed to manufacturing in the United States or are in the process of doing so.

"If for some reason you say you're building and you're not building, we'll go back and add it up, it'll accumulate and we'll charge you at a later date, you'll have to pay, and that's for sure," President Trump added.

These comments were not an official announcement of tariffs, and President Trump did not provide any further specifics.

It’s unclear how many chips or from which countries will be affected by the new tariffs. Taiwanese contract chipmaker TSMC — which makes chips for most US companies — has factories in the country, so its major customers like Nvidia are unlikely to face increased tariff costs.

The AI ​​chip giant has announced plans to invest hundreds of billions of dollars in US-made chips and electronics over the next four years, a spokesperson for Nvidia declined to comment on the report.

The US Congress created a $52.7 billion semiconductor research and manufacturing subsidy program by 2022. The Commerce Department under President Joe Biden in 2024 convinced all five leading semiconductor companies to locate chip factories in the US as part of that subsidy program.

The Commerce Department also said that last year the United States produced about 12% of semiconductor chips globally, down from 40% in 1990.

Any tariffs on chips would likely target China, with which Washington is still negotiating a trade deal, Reuters reported.
“There is so much serious investment in chip manufacturing in the US that much of it will be exempt from tariffs,” said Martin Chorzempa, a senior fellow at the Peterson Institute for International Economics.
Since chips made in China will not be exempt, chips made by SMIC or Huawei will not be exempt either, Chorzempa said, noting that chips from these companies entering the US market are mainly integrated into devices assembled in China.
“If this tariff is applied without the component tariff, it probably won’t make much difference,” the expert said.
Chip-making countries like South Korea and Japan, as well as the European Union, have reached trade deals with the US that could potentially give them an advantage.
The EU said it had agreed to apply a single 15% tariff on most EU exports, including cars, chips and pharmaceuticals. South Korea and Japan separately said the US had agreed not to apply a higher tariff than other countries on chips, meaning it would also apply a 15% tariff.
According to Reuters
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US to impose 100% tax on imported chips and semiconductors
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