WSJ: 100% Tariff on Chips From Makers Not Bulking Up US Production

TaiwanPlus News

The Wall Street Journal is reporting a potential new US tariff policy aimed at boosting US-based chip manufacturing. Chipmakers that don't produce as many semiconductors in the United States as their US customers import could get slapped with 100% tariffs.

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00:00The U.S. may impose 100% tariffs on semiconductor makers that don't meet targets for U.S.-based production.

00:07The Wall Street Journal reports Washington could require chipmakers to produce as many chips in the U.S.

00:13as they sell to American customers or face the steep levies.

00:17But firms already expanding in the U.S. could benefit.

00:20Taiwan's TSMC, which makes around 90% of the world's most advanced chips,

00:25has begun production at its new plant in Arizona to supply some of its U.S. customers.

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