Overview

• The White House announced on August 6 that a 100% tariff will apply to all imported semiconductors unless they are manufactured in the United States.
• Industry experts and the Global Electronics Association warn that the tariff could raise prices for electronics, vehicles, appliances and medical devices.
• Key implementation details—such as effective date, product classifications and tariff codes—have yet to be finalized, causing uncertainty among manufacturers.
• The United States imports about $60 billion in semiconductors annually and exports roughly $58 billion, with high-end chips produced domestically and lower-end components largely sourced abroad.
• Major technology companies have committed nearly $1.5 trillion to U.S. chip manufacturing since January to secure exemptions and bolster onshore production.