Semiconductor Giants and Global Allies Criticize Trump’s Tariff Strategy

Former U.S. President Donald Trump’s proposal to impose tariffs of up to 25% on imported semiconductors has drawn sharp criticism from global tech leaders and allied governments. Industry heavyweights like TSMC and Intel argue that the MOVE could distort supply chains and harm U.S. consumers rather than bolster domestic manufacturing.

Economists warn of potential supply shocks and price hikes across industries reliant on chips, from automotive to cryptocurrency hardware. Taiwan, a key player in advanced chip production, cautions that disruptions could ripple through global markets. Logic chip prices in the U.S. may surge nearly 60%, compounding inflationary pressures.

Despite these headwinds, soaring demand for AI chips continues to drive global semiconductor production. The sector’s resilience underscores its critical role in powering everything from marine equipment to blockchain infrastructure.