#ETH4500Next? What is the impact of Trump's threats to impose 100% tariffs on global chip companies?
This move comes as part of Trump's broader protectionist approach, days after he signed an executive order raising tariffs on India to 50%, a move linked to oil trade between New Delhi and Moscow. The announcement regarding microchips follows a US Commerce Department investigation into semiconductor imports for national security reasons. The message from the US administration is clear: foreign companies must invest in the United States or face punitive tariffs.