As we reported before, Trump wants to impose a 25% tariff on any smartphone not manufactured in the US. In a recent interview on CNBC’s Squawk Box, he announced that new tariffs on semiconductors and chips will be unveiled within the next week. The move could have major implications for tech companies and consumers alike.
What Trump Said
Trump emphasised that semiconductors are being treated as a “separate category” in his trade strategy, stating:
“We’re going to be announcing on semiconductors and chips … because we want them made in the United States.”
While specific tariff rates were not disclosed, the announcement follows a series of executive orders targeting imports from multiple countries, including Taiwan, which currently supplies the majority of the world’s most advanced chips.
What This Means for Consumers
Smartphones, laptops, and other electronics could see price hikes, especially if companies pass on increased costs. Apple, Samsung, and other tech giants may face logistical challenges, as many rely on chip production in countries like China, India, Vietnam, and Brazil. TSMC and other manufacturers are already investing in U.S. facilities, but experts warn this could raise production costs by up to 20%.
Global Impact
Countries like India and China are reportedly facing steep tariffs, while others are negotiating for better terms. The policy shift marks a departure from incentive-based approaches like the CHIPS and Science Act, which offered subsidies for domestic chip production.
Speaking of tariffs, the US government just recently reduced its tariffs on Malaysian exports to 19%. It has already taken effect since 7 August 2025, and you can read our news coverage right here. Stay tuned for more trending tech news at TechNave.com.
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