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Trump Threatens Tariffs on Semiconductor Imports, Spares Some Tech Firms
Trump Threatens Tariffs on Semiconductor Imports, Spares Some Tech Firms
20
3
BTCCSquare news:
President Donald Trump has reiterated his threat to impose "fairly substantial" tariffs on semiconductor imports from companies that refuse to shift production to the U.S. The warning, delivered during a White House dinner with tech leaders, targets firms like Nvidia (NVDA), Advanced Micro Devices (AMD), and Broadcom (AVGO), which rely heavily on Taiwanese manufacturing.
Trump signaled exemptions for companies such as Apple (AAPL) that have expanded domestic investments. The remarks, made in the presence of Meta's Mark Zuckerberg and Oracle's Safra Catz, underscore the administration's push to reshore critical tech supply chains. Market volatility is expected for semiconductor stocks as tariff risks loom.
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