Particle.news
Download on the App Store
13 ARTICLES
·
2mo ago

Trump Administration Pushes for Stricter Chip Export Controls and Tariffs

The U.S. government seeks to expand semiconductor restrictions on China and impose tariffs on imported chips, raising concerns over global supply chains and inflation.

Image
People walk across the streets in front of TSMC Fab 18 at Southern Taiwan Science Park in Tainan, Taiwan December 5, 2024. REUTERS/Ann Wang/File Photo
President Donald Trump said he's going to impose a "25% or higher" tariff on all semiconductors the United States imports. Semiconductors are found in virtually all consumer electronics and appliances.
Trucks drive between cargo containers at Port of Taichung in Taichung, Taiwan April 18, 2023. REUTERS/Ann Wang/File Photo

Overview

  • The Trump administration is advocating for tighter restrictions on advanced semiconductor exports to China, building on measures initiated under the Biden administration.
  • Proposed tariffs of 25% or more on imported chips could increase electronics costs for U.S. consumers and disrupt global supply chains.
  • Key U.S. allies, including Japan and the Netherlands, are being urged to limit their companies' servicing of semiconductor manufacturing equipment in China.
  • Taiwan, a major chip producer, faces economic and strategic challenges from potential U.S. tariffs, with its GDP growth forecast revised downward for 2025.
  • Industry leaders, including Nvidia and TSMC, warn that stricter export controls and tariffs could accelerate China's domestic chip development while impacting global competitiveness.