US tariffs: how Trump’s tax is hitting Big Tech and beyond
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The Trump administration’s latest chip tariffs are here.
The 25 percent tariff announced on Wednesday only applies to chips imported into the US then exported to other countries, as the New York Times reports. While it won’t apply to chips imported for use in the US, it will let the government collect some of the earnings from sales of AI chips to China.
Trump Imposes Limited Tariffs on Foreign Semiconductors
[The New York Times]
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