Trump’s Chip Tariff Plan Could Lift Tech Prices and Add Investor Uncertainty
The TRUMP administration is weighing a tariff plan that would impose taxes based on the value of chips in imported devices. A 25% levy could apply to chip content in products, with potential 15% rates for imports from Japan and the EU. The proposal—still under discussion—aims to reshore semiconductor manufacturing, addressing what the White House calls a national security vulnerability.
Consumer tech prices may rise across laptops, appliances, and household gadgets, even for U.S.-assembled goods relying on imported components. Economists warn the MOVE could exacerbate inflation already running above the Fed's target. Tech giants like Apple, Dell, and HP face margin pressure from higher input costs.