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2025-08-07 Home Front: Politix

Trump announces 100% tariff on semiconductors made outside the US in potential blow to domestic businesses

[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 2025-08-07 00:00|| E-Mail|| Front Page|| ||Comments [115 views ] Top

#1 Trump and Apple CEO Tim Cook Announce $600 Billion Total Investment in America

Posted by Skidmark 2025-08-07 04:08|| 2025-08-07 04:08|| Front Page || Comments Top

#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|| 2025-08-07 06:46|| Front Page || Comments Top

#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|| 2025-08-07 07:23|| Front Page || Comments Top

#4 Not being able to buy a TeeVee; please someone, explain the downside

Posted by Besoeker 2025-08-07 08:23|| 2025-08-07 08:23|| Front Page || Comments Top

#5 I thought Trump's tariffs ALREADY destroyed US economy?

Posted by Grom the Affective 2025-08-07 09:15|| 2025-08-07 09:15|| Front Page || Comments Top

#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|| 2025-08-07 13:59|| Front Page || Comments Top

#7 Trump calls for Intel boss to resign immediately, alleging China ties

Posted by Skidmark 2025-08-07 14:00|| 2025-08-07 14:00|| Front Page || Comments Top

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