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| Trump announces 100% tariff on semiconductors made outside the US in potential blow to domestic businesses |
| 2025-08-07 |
| [NYPOST] President Trump announced plans Wednesday for a 100% tariff on ''all chips and semiconductors'' — insisting that there would be an orderly economic transition despite potential major impacts on US businesses. ''We'll be putting a tariff, approximately 100%, on chips and semiconductors,'' Trump said at an Oval Office event with Apple CEO Tim Cook, who arrived to announce plans for $600 billion in new investments in the US. Trump said he would exempt companies that have plans to transition their manufacturing to the US — a hint that the world's largest chip manufacturer, Taiwan's TSMC, which is building massive manufacturing plants in Arizona, would be spared. |
| Posted by:Fred |
| #7 Trump calls for Intel boss to resign immediately, alleging China ties |
| Posted by: Skidmark 2025-08-07 14:00 |
| #6 ^ Yes, in just a few months all US economic activity has ceased. We just wander around hoping that Zohran Mamdani will save us. |
| Posted by: Matt 2025-08-07 13:59 |
| #5 I thought Trump's tariffs ALREADY destroyed US economy? |
| Posted by: Grom the Affective 2025-08-07 09:15 |
| #4 Not being able to buy a TeeVee; please someone, explain the downside |
| Posted by: Besoeker 2025-08-07 08:23 |
| #3 Otherwise, a simple 32" TV/CPU Monitor selling for $99 at Wally World now, will be $399. You know how much color TVs cost in the 60s/70s? |
| Posted by: Procopius2k 2025-08-07 07:23 |
| #2 At some point, logic dictates we need to stop freezing out OCONUS manufacturing with tariffs, to allow US based manufacturing time to rebuild and restart production here. Otherwise, a simple 32" TV/CPU Monitor selling for $99 at Wally World now, will be $399. And that will not help Voter Wallets. How about a simple Equal Tariff agreement? They charge us 25%, then we do the same. |
| Posted by: NN2N1 2025-08-07 06:46 |
| #1 Trump and Apple CEO Tim Cook Announce $600 Billion Total Investment in America |
| Posted by: Skidmark 2025-08-07 04:08 |