President Trump announced a 100% tariff on imported semiconductors, exempting companies with U.S. investments. TSMC, Samsung, and SK Hynix will avoid the tariff due to their U.S. facilities.
The move follows Apple’s $600B investment and builds on the 2022 CHIPS Act, which encourages domestic chip production.
The Philippines may face major losses, as semiconductors are a key export. The tariffs take effect Thursday, alongside other trade measures on steel, autos, and pharmaceuticals.
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