Summary
Trump plans to impose tariffs of up to 100% on semiconductors manufactured in Taiwan, aiming to push U.S. tech companies like Apple, Nvidia, and AMD to produce chips domestically.
The tariffs target Taiwan’s TSMC, a key supplier, despite its partial U.S. production in Arizona.
Trump criticized Biden’s CHIPS Act for funding companies like Intel and proposed tariffs as an alternative incentive.
Experts warn the move could raise prices for electronics as most TSMC chips are assembled in Asia before export to the U.S.
To be fair, this was Bidens idea, and the plants are already being finished in the US. Trump just wants to take credit for it.
Biden was not going to tariff Taiwan. His idea was to incentivize Taiwanese chip manufacturing to create an American manufacturing capability. That capability is not fully online and won’t be for years. This is a different policy.