Trump tariffs on Taiwans TSMC

[bssunilreddy]

It seems like TSMC's recent deal with the Trump administration won't completely remove the dangers of tariffs, as according to WIRED, citing unnamed sources, Trump could potentially impose additional taxation on chips made in Taiwan, but in an interesting manner. Instead of just taxing chip imports, the US might impose tariffs on the products using the chips, which means all consumer devices employing TSMC's semiconductors could get expensive, up to 100%, which will be devastating for the consumer industry.

Given that the Trump administration imposes tariffs on devices employing Taiwan chips, every mainstream tech product could see a price hike of as high as 100%. This move does make sense, given that the US imports "packaged" products using TSMC's chips, not the semiconductor itself. But for the average consumer, this is awful news and will likely disrupt the technology markets.

Source: Trump tariffs on Taiwans TSMC (wccftech)

 

[inapis]

100% price hike is too much. It will kill a lot of products/companies. I don't envision that happening. And for smaller hikers, at least in the short term, I think companies will absorb the tariffs. In the long run, consumers would be f**ked. And with the depreciating INR against USD, we would be more thoroughly f**ked.