{"id":880,"date":"2025-08-06T21:39:46","date_gmt":"2025-08-06T21:39:46","guid":{"rendered":"http:\/\/www.agencywebdesigners.com\/?p=880"},"modified":"2025-08-07T14:21:19","modified_gmt":"2025-08-07T14:21:19","slug":"trump-plans-100-tariff-on-computer-chips-unless-companies-build-in-u-s","status":"publish","type":"post","link":"http:\/\/www.agencywebdesigners.com\/index.php\/2025\/08\/06\/trump-plans-100-tariff-on-computer-chips-unless-companies-build-in-u-s\/","title":{"rendered":"Trump plans 100% tariff on computer chips, unless companies build in U.S."},"content":{"rendered":"<p><strong>By JOSH BOAK and MICHAEL LIEDTKE, Associated Press<\/strong><\/p>\n<p>WASHINGTON (AP) \u2014 President\u00a0<a href=\"https:\/\/apnews.com\/article\/trump-apple-100-billion-investment-47d41d07cac5e914adeee7c4c28c0166\">Donald Trump<\/a> said Wednesday that he will impose a 100% tariff on computer chips, raising the specter of higher prices for electronics, autos, household appliances and other essential products dependent on the processors powering the digital age.<\/p>\n<aside class=\"related left\">\n<h2 class=\"widget-title\" data-curated-ids=\"\" data-relation-type=\"automatic-primary-section\">Related Articles<\/h2>\n<ul>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/06\/penske-truck-immigration-raid\/\" title=\"Federal agents hid in back of rental truck at start of raid outside LA Home Depot\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tFederal agents hid in back of rental truck at start of raid outside LA Home Depot\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/06\/kennedy-mrna-vaccines-fact-check\/\" title=\"FACT FOCUS: RFK Jr.\u2019s reasons for cutting mRNA vaccine not supported by evidence\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tFACT FOCUS: RFK Jr.\u2019s reasons for cutting mRNA vaccine not supported by evidence\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/06\/national-weather-service-hirings\/\" title=\"After deep DOGE cuts, National Weather Service gets OK to fill up to 450 jobs\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tAfter deep DOGE cuts, National Weather Service gets OK to fill up to 450 jobs\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/06\/voting-rights-act-under-threat\/\" title=\"Protections of the Voting Rights Act are under threat as the law marks its 60th anniversary\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tProtections of the Voting Rights Act are under threat as the law marks its 60th anniversary\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/05\/trump-canada-mexico-trade-explainer\/\" title=\"Crucial exemption allows majority of Canadian and Mexican goods to be shipped to US without tariffs\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tCrucial exemption allows majority of Canadian and Mexican goods to be shipped to US without tariffs\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<\/ul>\n<\/aside>\n<p>\u201cWe\u2019ll be putting a tariff of approximately 100% on chips and semiconductors,\u201d Trump said in the Oval Office while meeting with Apple CEO Tim Cook. \u201cBut if you\u2019re building in the United States of America, there\u2019s no charge.\u201d<\/p>\n<p>The announcement came more than three months after\u00a0<a href=\"https:\/\/apnews.com\/article\/trump-tariffs-smartphones-electronics-laptops-apple-10c31e91d7790bfe8fb004f\">Trump temporarily exempted<\/a>\u00a0most electronics from his administration\u2019s most onerous tariffs.<\/p>\n<p>The Republican president said companies that make computer chips in the U.S. would be spared the import tax. During the\u00a0<a href=\"https:\/\/apnews.com\/article\/mrna-vaccines-trump-rfk-jr-b5db11480148c848957ce4961c003b10\">COVID-19 pandemic<\/a>, a shortage of computer chips increased the price of autos and contributed to higher inflation.<\/p>\n<p>Investors seemed to interpret the potential tariff exemptions as a positive for Apple and other major tech companies that have been making huge financial commitments to manufacture more chips and other components in the U.S..<\/p>\n<p>Big Tech already has made collective commitments to invest about $1.5 trillion in the U.S. since Trump moved back into the White House in January. That figure includes a $600 billion promise from Apple after the iPhone maker boosted its commitment by tacking\u00a0<a href=\"https:\/\/apnews.com\/article\/trump-apple-100-billion-investment-47d41d07cac5e914adeee7c4c28c0166\">another $100 billion<\/a>\u00a0on to a previous commitment made in February.<\/p>\n<p>Now the question is whether the deal brokered between Cook and Trump will be enough to insulate the millions of iPhones made in China and India from the tariffs that the administration has already imposed and reduce the pressure on the company to raise prices on the new models expected to be unveiled next month.<\/p>\n<p>Wall Street certainly seems to think so. After Apple\u2019s stock price gained 5% in Wednesday regular trading sessions, the shares rose by another 3% in extended trading after Trump announced some tech companies won\u2019t be hit with the latest tariffs while Cook stood alongside him.<\/p>\n<p>The shares of AI chipmaker Nvidia, which also has recently made big commitments to the U.S., rose slightly in extended trading to add to the $1 trillion gain in market value the Silicon Valley company has made since the start of Trump\u2019s second administration.<\/p>\n<p>The stock price of computer chip pioneer Intel, which has fallen on hard times, also climbed in extended trading.<\/p>\n<p>Inquiries sent to chip makers Nvidia and Intel were not immediately answered. The chip industry\u2019s main trade group, the Semiconductor Industry Association, declined to comment on Trump\u2019s latest tariffs.<\/p>\n<p>Demand for computer chips has been climbing worldwide, with sales increasing 19.6% in the year-ended in June, according to the World Semiconductor Trade Statistics organization.<\/p>\n<p>Trump\u2019s tariff threats mark a significant break from existing plans to revive computer chip production in the U.S. that were drawn up during the administration of\u00a0<a href=\"https:\/\/apnews.com\/article\/trump-tariffs-smartphones-electronics-laptops-apple-10c31e91d7790bfe8fb004f\">President Joe Biden<\/a>.<\/p>\n<p>Since taking over from Biden, Trump has been deploying tariffs to incentivize more domestic production. Essentially, the president is betting that the threat of dramatically higher chip costs would force most companies to open factories domestically, despite the risk that tariffs could squeeze corporate profits and push up prices for mobile phones, TVs and refrigerators.<\/p>\n<p>By contrast, the bipartisan\u00a0<a href=\"https:\/\/apnews.com\/article\/trump-semiconductors-chips-act-3592f1ed8b8cd4f2145cfa8a4985046c\">CHIPS and Science Act<\/a>\u00a0that Biden signed into law in 2022 provided more than $50 billion to support new computer chip plants, fund research and train workers for the industry. The mix of funding support, tax credits and other financial incentives were meant to draw in private investment, a strategy that Trump has vocally opposed.<\/p>\n<p><em>Liedtke reported from San Ramon, California.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By JOSH BOAK and MICHAEL LIEDTKE, Associated Press WASHINGTON (AP) \u2014 President\u00a0Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, raising the specter of higher prices for electronics, autos, household appliances and other essential products dependent on the processors powering the digital age. Related Articles Federal agents hid in back&hellip;<\/p>\n","protected":false},"author":1,"featured_media":275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/880"}],"collection":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/comments?post=880"}],"version-history":[{"count":1,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/880\/revisions"}],"predecessor-version":[{"id":881,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/880\/revisions\/881"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media\/275"}],"wp:attachment":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media?parent=880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/categories?post=880"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/tags?post=880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}