14 hours Ago By Tyler Lee
Summary: Trump’s upcoming announcement of chip tariffs could significantly impact smartphone, tablet, and other tech device prices, depending on how broadly it’s applied.Remember when US President Trump got the whole market all excited when he announced that smartphones and computers were exempt from his tariffs? And then remember when everyone got bummed out again when it was clarified it was only a temporary exemption?Semiconductor tariffs incomingNow, it looks like we’ll have a different set of tariffs to look forward to. According to Trump, he will share details about the tariff rate on imported semiconductors over the next week.
This means the Trump government could group devices that use semiconductors, like smartphones, tablets, and smartwatches, under general chip tariffs instead of taxing them by product category.It is unclear whether this announcement will be better or worse than the previous one. If the government places all electronics that use semiconductors under a single tariff umbrella, it could significantly raise prices across the board.
However, if they are lower than expected, then it’s good for the tech industry as a whole.Giving companies timeIt makes sense that Trump is holding back on making announcements just yet. Most semiconductor manufacturing and production takes place outside the US.
This includes regions such as Taiwan, home to TSMC. The company makes chipsets for companies like Apple, Qualcomm, and NVIDIA, which are major players in the smartphone, tablet, and AI space.As much as Trump would like to bring manufacturing back to the US, it will take time.
Companies will need to scale up to their customers’ current demands, set up their facilities, and train staff.Trump acknowledged this in his post on Truth Social, where he wrote that his administration is “taking a look at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN in the upcoming National Security Tariff Investigations.” Trump also hinted that some products could get exemptions or face lower tariffs.
He told reporters aboard Air Force One, “You have to show a certain flexibility, nobody should be so rigid.”Right now, the whole world is watching what China and the US will do to each other. When Trump suspended the tariffs for 90 days, China was the only exception.
Instead, he raised tariffs against the country to 145%. China responded in kind, with neither side willing to back down—at least for now.The post Trump will unveil chip tariffs over the next week appeared first on Android Headlines.
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