President Trump's 100% Tariff Could Have Ripple Effect on Myrtle Beach

President Trump's 100% tariff could have ripple effect on Myrtle Beach

HORRY COUNTY, S.C. (WBTW) -- President Donald Trump’s plan to pass a 100% tariff on imported computer chips and semiconductors could have a ripple effect in the Grand Strand area. Myrtle Beach is not a semiconductor and computer chip manufacturing hub; however, with the Grand Strand being a heavy tourism area, relying on industries like the service and hospitality industry -- which rely on the use of chip devices -- the 100% tariff could still h…

Trump's chip tariff poses mixed fortunes for Mexico's growing semiconductor industry

The United States could impose a 100% tariff on microchip and semiconductor imports to encourage investment in U.S. manufacturing, President Donald Trump announced on Wednesday. “But the good news, for companies like Apple, is if you’re building in the United States or have committed to build in the United States, there will be no charge,” he said from the Oval Office. If introduced, a 100% sectoral tariff could impact various sectors in Mexico …

Trump's planned 100% semiconductor tariff sparks confusion - Electronic Products & Technology

President Donald Trump’s ambiguous plans for 100% tariffs on computer chips that aren’t made in the U.S. are stoking confusion among businesses and trading partners — boosting stocks for leading semiconductor companies while leaving smaller producers scrambling to understand the implications. “We are still waiting for official guidance,” said Limor Fried, founder and engineer at Adafruit Industries, a small electronics maker in New York. Preside…

Clare Tech Expert Says Semi-Conductor Tariff Threat Could Lead To Job Losses

It’s claimed Clare companies could face job losses and reduced production if the latest tariff threat comes to fruition. Donald Trump has threatened to place 100% levy on semi-conductors made outside of the US. 14 of the worlds largest producers are located in Ireland, including Ennis-based Microchip, along with Analog Devices and Onsemi in Limerick. […] The post Clare Tech Expert Says Semi-Conductor Tariff Threat Could Lead To Job Losses appear…

Samsung Bets Big on US Chips to Dodge Trump’s 100% Tariffs

When Trump first announced that there would be a 100% tariff on imported semiconductors, we were shocked. This would represent a massive increase in costs for companies. However, there was a “loophole”, companies that build in the US or commit a plan to build in the US would be exempt. This could explain why Samsung is making huge chip investments in the US. Samsung grows its chip investments in the US According to Korean publication Sedaily, Sa…