US tariffs: how Trump’s tax is hitting Big Tech and beyond
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Trump floats equal chipmaking rule.
He’s already handing out free passes on chip tariffs and security concerns if chipmakers make him look good or pay a possibly illegal export tax. Now, he apparently wants chipmakers to “manufacture the same number of semiconductors in the U.S. as their customers import from overseas producers.” WSJ reports:
Under the new system, if a company pledged to build one million chips in the U.S., it would essentially be credited with that amount over time so the company and its customers could import until its plant was completed without paying tariffs, the people said.
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