While talking alongside Apple’s CEO Tim Cook, Trump has announced a massive chip tariff, a figure that the markets weren’t expecting at all. The US Administration Wants All Chips Being Used By the Big Tech To Be Produced Locally The US administration is imposing a massive 100% tariff on chip imports to the US, and this is a bid by the government to increase domestic production. President Trump is eager for companies like TSMC and others to setup facilities in the region, and he claimed that if you are building in the US, there’s no charge. The markets were expecting […]
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