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Technology@lemmy.worldEnglish · 1 year ago

Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics

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Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics

Mereo@lemmy.ca to

Technology@lemmy.worldEnglish · 1 year ago

Trump plans 100% tariff on computer chips, unless companies build in US

President Donald Trump says he's imposing a 100% tariff on computer chips— a move that raises the specter of higher prices for electronics, autos, household appliances and other essential goods that depend on the processors.

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Maple Engineer@lemmy.world
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1 year ago
In the US the point of tarrifs is to tax the poor to pay for tax breaks for the rich.

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