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Euronews
Euronews
Eleanor Butler

Trump declares 100% computer chip tariff unless firms build in the US

Donald Trump United States Joe Biden Tim Cook Apple Nvidia

President Donald Trump said on Wednesday that he would impose a 100% tariff on computer chips, only sparing companies that commit to “building” on US soil.

The threat raises the prospect of higher prices for essential products dependent on the processors, and it will squeeze US tech firms, often reliant on Asia for chips.

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