Trump Imposes New Tariffs on Non-US Semiconductor Manufacturers

In a bid to bolster domestic semiconductor production, former President Trump announced new tariffs targeting non-US firms. These tariffs will apply to imported semiconductors and are expected to impact global markets significantly. The policy aims to encourage US companies to manufacture chips within the country while exempting TSMC and Samsung, which have manufacturing facilities in the United States. 100% tariffs will be imposed on those not building their production lines within US borders. This move could reshape supply chains and incentivize onshore manufacturing, though immediate impacts on Asian markets are anticipated.