Cost of electronics expected to rise as Trump announces 100% tariff on computer chips

Cost of electronics likely to rise as Trump announces 100% tariff on computer chipsSource: US Network Pool

Transcript

00:00We'll be putting a terraform of approximately 100 percent on chips and semiconductors.

00:07But if you're building in the United States of America, there's no charge, even though you're building

00:13and you're not producing yet in terms of the big numbers of jobs and all of the things that you're building.

00:20If you're building, there will be no charge.

00:22So I just want everyone to know that.

00:23And I didn't even tell you that inside.

00:26We discussed the concept, but I didn't.

00:28So it's a big factor.

00:30So 100 percent tariff on all chips and semiconductors coming into the United States.

00:37But if you've made a commitment to build or if you're in the process of building, as many are, there is no tariff.